For the potential home buyers, who are seeking more flexibility in terms of interest rates, the bank offers its 5 year adjustable rate mortgage home loan options at a starting interest rate of 3.625% and an annual percentage yield of 3.134% during the initial years of the home loan tenure. The more flexible, 7 year adjustable rate mortgage loans are now up for grabs at a lending rate of 3.625% and an annual percentage yield of 3.236% on the principal amount of home loan sanctioned by the bank.
With regards to the refinancing home loan options, the overall picture experienced minor changes. As of now, the popular 30 year refinancing fixed rate mortgage home loans can be seen advertised at an interest rate of 4.250% and are accompanied by an APR yield of 4.334%. The relatively shorter, 15 year refinancing fixed rate mortgage loans can be seen listed at a lending price of 3.375% and are carrying an annual return rate of 3.502% today.
When it comes to adjustable rate mortgage deals, the interested customers can spot the ideal 5 year refinancing home loans being traded at an interest cost of 3.250% and an APR yield of 3.002% during the starting years of the home loan period. The more flexible, 7 year refinancing adjustable rate mortgage home loan options can now be locked in at an interest rate of 3.375% and an annual percentage yield of 3.138% on the principal amount of home loan secured from the bank.
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