Toronto Dominion Bank has published new mortgage rates for Tuesday, September 30 that remain largely unchanged from Monday. The best rate for a 30-year fixed rate mortgage is quoted at 4.313% with an APR of 4.378%, while the popular 15-year mortgage has a published rate of 3.563% with an APR of 3.675%. A 30-year FHA loan has a published rate as low as 3.875% on Tuesday with an APR of 4.975%.
The best rate available today at TD Bank is 1.937% on a 1/1 ARM with an APR of 2.863%. Buyers who want more flexibility may opt for a 3/1 ARM at 2.937% with an APR of 2.948%, or the more popular 5/1 ARM at 3.313% with a 3.087% APR. For longer-term stability, a 15/1 ARM is quoted at 3.937% with an APR of 3.787%.
Homeowners who want to refinance can lock into a new 30-year fixed loan at 4.313% with a 4.377% APR, or a 3.563% interest rate with an APR of 3.674% on a 15-year fixed refinance. TD Bank allows homeowners to refinance into adjustable rate loans as well. A 5/1 ARM refinance is quoted at 3.313% with an APR of 3.086%, while a 7/1 ARM refinance has a published rate of 3.563% with an APR of 3.254%.
For homeowners who want to refinance with cash out, a 30-year fixed refinance is quoted at 4.313% with an APR of 4.377%. A 15-year cash out refi is quoted at 3.563% with an APR of 3.674%.
Published quotes assume a TD Bank relationship that applies a 0.125% rate discount. Home buyers or owners may be an existing TD Bank customer or open an account after applying. Purchase quotes assume a home purchase of $250,000 with a 20% down payment and excellent credit.
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.