Toronto Dominion Bank has updated its mortgage interest rates on Wednesday, November 19. The benchmark 30-year fixed rate mortgage is advertised at 4.063% today with an APR of 4.127%. Buyers can lock into the shorter-term 15-year fixed loan at 3.437% today with a 3.548% APR. The 30-year FHA loan is quoted at a 3.750% interest rate with an APR of 4.846%.
TD Bank ARM Rates
Toronto Dominion Bank offers several adjustable rate mortgage programs. The 1/1 ARM is offered at 1.937% for the first twelve months, the lowest rate of the day, with a corresponding APR of 2.748%. A 5/1 adjustable rate loan is advertisd at 3.063% interest rate with a starting APR of 2.917%. The 7/1 ARM is quoted at 3.313% today for the first seven years with a starting APR of 3.068%. Buyers can lock into a 10/1 adjustable rate mortgage at 3.563% for the first 10 years with a 3.306% starting APR.
TD Bank Refinance Rates
Homeowners who want to refinance into a lower rate will find competitive refinance interest rates at TD Bank on Wednesday. The standard 30-year fixed refinance is quoted at 3.937% with a 4.000% APR. Homeowners can lock into the more popular 15-year fixed refi loan at 3.313% with a 3.424% APR. The 30-year FHA refinance is offered with a 3.750% interest rate and an APR of 4.846%.
Homeowners can also refinance into an adjustable rate loan. A 5/1 refi ARM is quoted at 2.937% for the first five years with an APR of 2.873% to start. The 7/1 adjustable rate refinance is advertised at 3.187% for the first 7 years with a 3.010% starting APR. For greater long-term predictability, TD Bank advertises the 10/1 refinance ARM at 3.437% for the first ten years with a starting APR of 3.228%.
Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.
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