The best 30 year fixed rate loan interest rates have been quoted at 4.438% at TD Bank (NYSE:TD) and an APR of 4.551%. The best 30 year FHA fixed rate loans at the bank start at 4.000% with a bit higher APR of 5.155%. The short term, popular 15 year fixed rate mortgages at the bank are being quoted at 3.562% with an APR of 3.756%.
The 3/1 ARM deals are being offered for 2.688% and an APR of 2.938%. ARMs in the 5 year category are being quoted at 3.062% at TD yielding an APR of 3.043% to start. The 7 year ARM deals are coming out at 3.438% with an APR of 3.240% to start. The 10 year ARM deals have been listed at 3.688% with an APR of 3.480% to start.
Interest Rates for Refinance
The best 30 year refinance FRM interest rates stand at 4.688% at TD yielding an APR of 4.803%. Popular 15 year refinance fixed rate loan interest rates are listed at 3.812% and APR of 4.008% today. As far as ARMs go, 5 year refi loans at TD have been listed at 3.312%. showing an APR of 3.131%. ARMs in the 7 year refi category start at 3.688% today and an APR of 3.359%.
Stocks and Mortgages
Published refinance rates are often impacted by securities made up of mortgage packages that are in concert with stock market movements. Overall markets waned by the end of trading today leaving the DJIA at 15,337.70 a decrease of -113.35.
For today at least the bank blindly followed the days closing results. Also in the market, TD’s own stock price gained ground to 84.74 up +0.64%.