Standard 30 year loan deals at TD Bank (NYSE:TD) can be had for 4.438% and APR of 4.551%. The lower FHA 30 year interest rates are 4.000% yielding a bit higher APR than the conventional loan of 5.155%. 15 year loans are being quoted at 3.438% at the bank yielding an APR of 3.632%.
The 3/1 Adjustable Rate Mortgage interest rates are being offered for 2.562% with a starting APR of 2.812%. The 5 year ARM interest rates have been quoted at 3.062% at TD carrying an APR of 2.961%. The 7/1 ARM interest rates are 3.312% currently with a starting APR of 3.113%. 10 year Adjustable Rate Mortgages stand at 3.562% today with a starting APR of 3.352%.
Home Refinance Interest Rates
Standard 30 year refinance fixed rate loan interest rates at TD are being quoted at 4.688% today yielding an APR of 4.803%. Popular 15 year refi loans at the bank are published at 3.688% carrying an APR of 3.883% today. 5/1 ARMs at TD Bank start at 3.312%. yielding an APR of 3.048%. The 7 year refinance ARM loans are listed at 3.562% and the APR is 3.231%.
Interest rates move with MBS’s (mortgage backed securities) that track with the stock market. Wall street lowered by market close today with the DJIA at 15,337.70.
Interest rates at TD decided not to move with Wall Street’s direction. Independent of mortgage rates, the banks stock price strengthened to 84.74 up +0.54.