Toronto Dominion Bank has updated its mortgage interest rates for Wednesday, which remain relatively flat. A standard 30-year fixed home loan is quoted at 4.187% with an APR of 4.251%. A 30-year FHA loan is published at a lower 3.750% interest rate with an APR of 4.946%. TD Bank quotes a shorter-term 15-year fixed loan at 3.313% with an APR of 3.424%.
The lowest advertised rate today at TD Bank is 1.937% for a 1/1 ARM with an APR of 2.863% to start. The more popular 5/1 ARM is quoted at 3.187% for the first five years with an APR of 3.043%. A 7/1 adjustable rate mortgage is quoted at 3.313% for the first seven years with an APR of 3.137% to start. Buyers can enjoy greater predictability with a 10/1 ARM at 3.563% for the first 10 years with an APR of 3.356% to start.
Refinance Rates at TD Bank
Refinance rates remain near purchase rates at Toronto Dominion Bank. A standard 30-year fixed refi loan is quoted at 4.187% with an APR of 4.251%, while a 15-year fixed refinance loan is published at 3.313% today with an APR of 3.424%. Homeowners can refinance into a 30-year FHA loan at 3.750% with an APR of 4.896%.
The best rate for a 5/1 refinance ARM is quoted at 3.187% for the first five years with an APR of 3.042% to start. A 7/1 ARM refinance is quoted at 3.313% with an APR of 3.137%.
TD Bank mortgage quotes assume a TD Bank relationship, which applies a 0.125% rate discount.
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.