We aim to bring you the best mortgage rates in town so that you can make informed decisions when it comes to buying a new home or to renovate your existing home. With subsidies from the Government, now is the probably the best time to invest in a new property. In this article, we have provided you the features as well as the rates of TD Bank to help you take that big step in your life.

The current TD mortgage rates for a 30 year fixed rate are 4.920% APR. If you are looking for a 15 year fixed rate, then the APR is 4.327%. These are for the fixed rate mortgages where the rates remain constant. On the other hand, there are adjustable rate mortgages (ARM) that vary according to the current rate prevailing in the market.  TD mortgage rates for a 1 year adjustable rate mortgage is 3.358% while for a 5 year period, the ARM is 3.460%. Besides these standard rates, the FHA (Federal Housing Administration) rates are also offered by TD Bank. These rates are 5.175% for a 30 year fixed rate mortgage and 4.665% for a low to moderate FHA loan. TD Bank also offers another category of mortgages called Jumbo loans that are for a higher amount of loan in certain cities.  The current mortgage rates for a Jumbo loan are 5.261% for a period of 30 years and 4.519% for a 15 year period. The adjustable rate comes to 3.327% for a 1 year period and 3.517% for a 5 year period. These TD Bank interest rates are quite competitive and you can definitely consider this option when you decide to buy a home.

This entry was posted on Sunday, May 23rd, 2010 at 6:42 am and is filed under TD Bank Mortgage Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.