Today’s Mortgage Rates at TD Bank (October 1, 2014)

Today's Mortgage Rates at TD Bank (October 1, 2014)Mortgage rates at TD Bank remain largely unchanged on Wednesday. The benchmark 30-year fixed rate mortgage is advertised at 4.313% with an APR of 4.378%. A shorter-term 15-year loan is quoted at 3.563% today with an APR of 3.675%. Buyers planning to get an FHA loan can lock into a 30-year mortgage today with an interest rate of 3.875% with an APR of 4.975%.

The best advertised rate at Toronto Dominion Bank for Wednesday is 1.937% on a 1/1 ARM, which carries an APR of 2.863%. Buyers who want greater flexibility can opt for a 5/1 ARM at 3.13% with an APR of 3.087%, or a 7/1 ARM with a rate of 3.437% for seven years with an APR of 3.195%. TD Bank offers many adjustable rate mortgage options, including a 10/1 ARM for longer-term stability with a rate of 3.563% and an APR of 3.356%.

Homeowners can refinance into a new loan with very competitive rates that are close to purchase rates. A 30-year fixed refinance loan is advertised at 4.313% with an APR of 4.377%, while a 15-year refinance has a published rate of 3.563% and an APR of 3.674%. A 5/1 ARM refinance loan is quoted at 3.13% with a rate of 3.086%. Homeowners can also refinance a 30-year FHA loan at 3.875% with an APR of 4.975%.

Published rates assume a TD Bank relationship, which applies a 0.125% rate discount. Purchase quotes assume a 20% down payment and excellent credit. Visit the TD Bank website for a customized mortgage quote.

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