The best 30 year fixed rate loan interest rates are being quoted at 4.438% at TD Bank (NYSE:TD) yielding an APR of 4.551%. 30 year FHA loans at the bank have been published at 4.000% with an APR of 5.155%. 15 year loan interest rates are on the books at 3.438% at the bank today with an APR of 3.632%.
ARM interest rates in the 3 year category are available starting at 2.562% currently showing an APR of 2.812%. In the ARM arena, 5 year loans are published at 3.062% at TD yielding an APR of 2.961% to start. 7/1 ARMs have been listed at 3.312% today and the APR is 3.113%. 10 year ARM interest rates are listed at 3.562% and an APR of 3.352%.
Interest Rates for Refinancing Your Home
The benchmark 30 year refinance fixed rate mortgage interest rates are being offered for 4.688% at TD with an APR of 4.803% today. Popular 15 year refinance loan interest rates are 3.688% today yielding an APR of 3.883%. 5 year refi Adjustable Rate Mortgages at TD are listed at 3.312%. with an APR of 3.048%. The 7/1 ARM interest rates have been offered at 3.562% currently showing an APR of 3.231%.
Published refinance rates sometimes move with MBS’s (mortgage backed securities) that move in concert with the stock market. Wall street weakend by close of day leaving the DJIA at 15,337.70 a decrease of -113.35.
For today at least the bank blindly followed the financial markets. Independent of mortgage rates, the banks stock price moved ahead to 84.74 up +0.64%.