TD Bank Mortgage Rates: 15-Year Home Loans and Refinance Mortgage Rates for March 21

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TD Bank Mortgage Rates: 15-Year Home Loans and Refinance Mortgage Rates for March 21Potential borrowers, who plan to visit the local branches of TD Bank (NYSE:TD) on Friday, will see some higher interest rates on 30-year and 15-year mortgage loan products. The financial institution’s latest rate quotes revealed, that the 30-year home purchase loan now has starts at a rate of 4.562%, up by a couple of basis points compared to the former 4.438% it held this mid-week. Another home loan, which comes with a steeper mortgage rate is the 15-year FRM. TD Bank is currently offering this type of loan product at a lending rate of 3.562%.

With regards to the lender’s best home refinance loans on offer today, 30-year fixed mortgage schemes are coming out at a rate of 4.625%, an uptick compared to the former 4.500%. Borrowers, who rather opt for the 15-year fixed refinance loan, will find this type of mortgage being traded at an interest rate of 3.625%. Additionally, the lender advertises more flexible loans for home refinancing purposes, in the form of ARMs. In case of the 7/1 adjustable rate loan, it’s presently published at a rate of 3.625%. The 5/1 ARM is quoted at a significantly higher rate at this lender, as it can be secured at 3.375%. Further details on TD Bank’s mortgage interest rates, discount points and APRs can be found below.

► Compare Today’s Mortgage Rates and Find The Best Loans

Mortgage shoppers who take a visit to TD Bank will see some excellent mortgage loans under the lender’s home purchase and refinance programs. Those who are looking to invest either in a new / used home or to refinance an existing mortgage, may find some suitable loans at this financial institution.

TD Bank Home Purchase Rates

30-Year Fixed-Rate Mortgage: 4.562%, 4.628% APR
15-Year Fixed-Rate Mortgage: 3.562%, 3.674% APR

The rate information provided assumes the purpose of the mortgage loan is to purchase a property, an existing single family home to be used as a primary residence with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Framingham, MA. The interest rate reflects a 60 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

TD Bank Refinance Rates

30-Year Fixed-Rate Mortgage: 4.625%, 4.688% APR
15-Year Fixed-Rate Mortgage: 3.625%, 3.733% APR
7/1 Adjustable Rate Mortgage (ARM): 3.625%, 3.213% APR
5/1 Adjustable Rate Mortgage (ARM): 3.375%, 3.023% APR

The rate information provided assumes the purpose of the mortgage loan is to refinance an existing mortgage with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Framingham, MA. The interest rate reflects a 60 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

Please, note that the current interest rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

For additional mortgage loan options, as well as details on borrowing terms and conditions, please visit the bank’s website.