In the flexible home financing division, the bank is now offering its best 5 year adjustable rate mortgage loans against at an interest rate of 3.375% and an annual percentage yield of 3.046% during the starting years of the home loan period. In the more flexible lending arena, 7 year adjustable rate mortgage home loan schemes can now be seen quoted at a starting interest rate of 3.500% and an annual return rate equivalent to 3.166% on the principal amount of home loan taken from the bank.
In the refinancing mortgage department, the customers can spot the popular 30 year fixed rate mortgage loans being listed at an interest rate of 4.125% today, and carrying an annual percentage rate of 4.198% today. For the seekers of relatively shorter refinancing deals, 15 year counterparts of the 30 year refinancing fixed rate home loan options can be locked in at an interest rate of 3.125% and an annual return rate of 3.287%.
As far as the adjustable rate mortgage loans are concerned, the bank is now offering its best 5 year refinancing variable rate home loans at an interest rate of 3.125% and an annual percentage yield of 2.948% on the basic amount of home loan sanctioned by the bank. The more flexible, 7 year refinancing adjustable rate home loans can now be secured at a starting interest rate of 3.250% and an APR yield of 3.069% during the initial years of the home loan period.
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