Connect with us

Summary of TD Bank’s Mortgage Rates on August 1, 2014

Summary of TD Bank’s Mortgage Rates on August 1, 2014

Business

Summary of TD Bank’s Mortgage Rates on August 1, 2014

Summary of TD Bank's Mortgage Rates on August 1, 2014Latest interest rates by TD bank moved up on Friday for most of their mortgage loan products under both fixed rate and Adjustable rate loans.

 

The bank issued an interest rate of 4.438% for their benchmark 30 Year Fixed Rate loan yielding an APR of 4.558% under their refinance loan category. More details about 30 and 15 year fixed rate loans are as follows.

Fixed Rate (Refinance) Mortgage Loans: TD Bank

30 Year Fixed Rate 4.438% Interest Rate 4.558% APR

15 Year Fixed Rate 3.688% Interest Rate 3.894% APR

The bank also issued latest interest rate for ARM loans under refinance category with interest rate for 5 Year ARM reaching 3.438% along with a starting APR of 3.099%. For their 7/1 ARM loan, the bank offered an interest rate of 3.688% that carries a starting Annual Payment Rate of 3.297%.

Current Mortgage Rates on Friday: Purchase

Latest interest and APR rates for the 30 and 15 Year fixed rate loan products under the purchase category are shared below.

Fixed Rate (Purchase) Mortgage Loans: TD Bank

30 Year Fixed Rate 4.375% Interest Rate 4.493% APR

15 Year Fixed Rate 3.625% Interest Rate 3.828% APR

The bank also issued an interest rate of 4.000% along with an APR of 5.160% for their FHA Fixed Rate Mortgage Loan under Purchase loan category. For their ARM loans, the bank offered an interest rate of 3.750% yielding an APR of 3.474% for their 10 Year ARM. Similarly, for 7 year ARM, the bank issued an interest rate of 3.625% and an APR of 3.265%. Latest interest rate for 5/1 ARM on Friday is quoted at 3.375% carrying an APR of 3.075%. For their shortest period loan category, 3/1 ARM, the bank offered 3.000% interest rate and 2.912% APR.

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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

More in Business

Good News

To Top