TD Bank’s Mortgage Rates Go Down for Friday, October 31

TD Bank's Mortgage Rates Go Down for Friday, October 31Purchase rates at Toronto Dominion Bank are largely flat today. The standard 30-year fixed-rate loan is offered at 4.000% with a 4.063% APR. Buyers can lock into an FHA loan at 3.750% today with an APR of 4.846%. The shorter-term 15-year fixed mortgage is published at 3.250% with an APR of 3.361%.

Buyers can lock into a 5/1 ARM today at 3.125% with an APR of 2.938% to start. A 7/1 ARM is quoted at 3.250% for the first seven years with a starting APR of 3.039%. The 10/1 adjustable rate mortgage is offered at 3.375% for the first 10 years with an APR of 3.190% to start.

Refinance Rates Today

Bucking the trend of rising rates at most banks, Toronto Dominion Bank advertises lower rates today. The benchmark 30-year fixed-rate mortgage is quoted at 3.937% today with an APR of 4.000%. Homeowners can lock into the popular 30-year FHA refinance loan at 3.750% with a 4.846% APR. For buyers who want a shorter-term loan, TD Bank offers the 15-year fixed refi loan at 3.187% today with an APR of 3.297%.

For greater flexibility, TD Bank advertises the 5/1 adjustable rate refinance mortgage at 3.063% today with an APR of 2.917% to start. The 7/1 ARM is quoted at 3.187% for the first seven years with a starting APR of 3.010%. Homeowners can enjoy greater predictability with a 10/1 ARM at 3.313% for the first ten years with an APR of 3.152% to start. The 15/1 ARM is quoted today with an interest rate starting at 3.687% and a corresponding APR of 3.558%. The best rate of the day is 1.813% for a 1/1 ARM with an APR of 2.738% to start.

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.

For comments and suggestions, leave a message in the comments section below. Like and Follow our Facebook page for more stories and to stay up-to-date with the latest happenings.

About the author

Rob is a analyst and reporter covering stocks and business news.