Last week, TD Bank group announced that the bank is going to increase the size of the offering for its series 3 shares to 20 million due to the strong investor demand after the bank announced its popular domestic public offering of 5 Year Rate Non-Cumulative Preferred Shares, also called Series 3 shares.
The latest published rates by TD Bank on 29th of July under their Fixed Rate Mortgage Category are as follows.
Fixed Rate (Purchase) Mortgage Loans: TD Bank 29th July
30 Year Fixed Rate 4.250% Interest Rate 4.367% APR
15 Year Fixed Rate 3.500% Interest Rate 3.702% APR
TD Bank also issued updated interest rates for their FHA and Adjustable Rate Loans under purchase Mortgage Loan category. Interest rate for best 30 Year FHA Fixed Rate Mortgage is 3.875% along with an APR of 5.030% on Tuesday. For their 10 Year ARM, the bank offered an interest rate of 3.625% along with an APR of 3.396%. Latest interest rate for 7/1 ARM is listed today as 3.500% with a starting APR of 3.206%. For 5 Year ARM, the bank quoted an interest rate of 3.250% with an Annual Payment Rate of 3.031. For their shortest 3/1 ARM loan, the bank offered an interest rate of 2.875% that carries an APR of 2.884%.
Latest Mortgage Rates under Refinance Category
The new rates on 29th July for their Fixed Rate Mortgage Loan under Refinance category stayed same with no change from last day. For 30 Year Fixed Rate Mortgage loan, the interest rate remained at 4.312% with an APR of 4.431%. More details are as follows.
Fixed Rate (Refinance) Mortgage Loans: TD Bank 29th July
30 Year Fixed Rate 4.312% Interest Rate 4.431% APR
15 Year Fixed Rate 3.562% Interest Rate 3.767% APR
For ARM loan category under refinance loans, the bank offered an interest rate of 3.312% with an APR of 3.054% for 5/1 Adjustable Rate Mortgage Loan. New interest rate for 7/1 Year ARM Loan for today is 3.562% that carries an APR rate of 3.237%.
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.