Mortgage interest rates have edged up on many popular loan products at Toronto Dominion Bank on Thursday. The benchmark 30-year fixed mortgage is advertised at 3.875% today with an APR of 3.938%. The popular 30-year FHA loan is quoted at a higher 3.750% today with an APR of 4.846%. TD Bank offers the shorter-term 15-year fixed loan at 3.125% with a 3.235% APR.
Interest rates for adjustable rate loans are largely unchanged today. TD Bank advertises the 5/1 ARM at 3.000% for the first five years with an APR of 2.895%. The 7/1 adjustable rate mortgage is advertised at 3.125% for the first seven years with a 2.981% APR. Buyers can enjoy greater predictability with a 10/1 ARM with an advertised rate of 3.375% for the first ten years with a starting APR of 3.190%. The 15/1 ARM is quoted at 3.625% for the first fifteen years with a starting APR of 3.508%.
TD Bank Refinance Rates
Refinance rates at TD Bank are largely unchanged on Thursday. The standard 30-year refinance is quoted at 3.813% today with an APR of of 3.876%. TD Bank offers an FHA refinance at a higher 3.750% today with an APR of 4.846%. Homeowners can refinance into the popular 15-year fixed refi loan at 3.063%.
For greater flexibility and the lowest rates, homeowners can refinance into a 5/1 ARM at 2.937% for the first five years with a starting APR of 2.873%. A 7/1 refi ARM is advertised at 3.063% locked for seven years with a starting APR of 2.952%. For more predictability, homeowners can turn to a 10/1 refinance ARM at 3.313% with an APR of 3.152% 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.