The best 30 year FRMs at TD Bank (NYSE:TD) can be had for 4.438% and an APR of 4.551%. 30 year FHA loan deals have been listed at 4.000% at the bank and APR of 5.155%. Shorter term, popular 15 year fixed rate loans are available starting at 3.438% at the bank carrying an APR of 3.632%.
The 3 year ARM interest rates are available starting at 2.562% with a starting APR of 2.812%. 5/1 Adjustable Rate Mortgages at TD Bank are coming out at 3.062% carrying an APR of 2.961%. 7 year ARM loans have been published at 3.312% and APR of 3.113%. 10/1 Adjustable Rate Mortgages can be had for 3.562% currently and the APR is 3.352%.
Mortgage Rates for Refinance
The benchmark 30 year refinance FRM interest rates have been offered at 4.688% at TD Bank and APR of 4.803%. Shorter term, popular 15 year refi fixed rate loans at the bank have been published at 3.688% with an APR of 3.883% today. ARM loans in the 5 year refinance category are available starting at 3.312% at TD Bank. and an APR of 3.048%. 7 year refinance ARMs are coming out at 3.562% currently with a starting APR of 3.231%.
Stocks and Mortgages
Mortgage and refinance rates vacillate with packages of mortgage loan securities which track with the stock market. The stock market fell by close today putting the DJAI at 15,337.70 a decrease of -113.35.
This time the bank moved along with the market’s performance. Drilling down a bit, TD Bank’s stock price improved to 84.74 up +0.54.