TD Bank has more than a thousand locations along the eastern coast. The bank was established in 2008 as a result of the mergers of several companies. The bank offers mortgages to consumers at competitive rates. The bank’s website has what they call the “TD Bank Mortgage Service Index,” which will give you valuable information about the buying experience. Users on the TD Bank website state that now is a good time to purchase a home. TD Bank mortgage rates are determined by your credit score, loan to value ratio and rates set by the Federal Reserve. If you need a home loan, it is crucial that you are aware of the market trends and rates, so you can make the best decisions regarding your loan.

TD Bank Current Mortgage Rates

Interest rates are a little different among lenders, and TD Bank provides very competitive rates. Here are current rates available for a TD Bank mortgage; they can also be found on their website page.

Type of Mortgage Rate Interest Rate APR (Annual Percentage Rate) Estimated Monthly Payment
30-Year Fixed Rate 4.375% 4.405% $998.58
30-year fixed 4.25% 4.31%   $984
15-year fixed 3.25% 3.71% $1430
5/1 ARM 4.250% 4.391% $870
7/1 ARM 3.37% 3.69% $884
30-year refi 4.25% 4.31% $984
15-year refi 3.5% 3.6% $1430

*** The rates, terms, and fees are subject to change without notice. You should access the TD Bank website for the latest updates.

TD Bank Mortgage Rates Additional Information

With a TD Bank adjustable rate mortgage, your rate will be lower at the beginning of your loan. You need to make sure you have the month to handle the increase in the home loan mortgage rate after the initial period ends. You can eventually switch to a fixed rate mortgage. TD Bank offers rate adjustments if you experience serious financial hardship.

TD Bank Mortgage Rates A 30-year fixed rate is the most popular loan; however, many people choose a 15 or 20-year term. 30-year mortgage rates are a little higher than 15-year mortgage rates. 20-year mortgage rates are in the middle. The less the term, the less money you will pay throughout the life of the loan. Refinance mortgage rates might be a little higher, but you could lower your monthly payments if you refinance.

You can get a jumbo mortgage if your loan is over 400,000. Jumbo mortgage rates are currently low. You could get a lower rate if you purchase mortgage rates. Make sure you pay attention to the latest mortgage rates trend to keep up with the market. TD Bank has a mortgage rates calculator where you can get a rate quote.

TD Bank provides quality customer service and is very reliable when it comes to home loans, the website is very easy to navigate, offers valuable information, and TD Bank mortgage rates are some of the lowest available. You can even go to their online community section if you have questions, or need help with your application.