TD Mortgage Rates are getting more competitive and we here at Bank Rates Info thought we should check out the new changes to mortgage rates at TD Bank.  We also looked at home equity loans.

TD Bank mortgage rates are competitive with the current market, but there are a few bonuses to the TD home loans offerings that you might find appealing.  First, though, the TD bank rates for 30-year fixed rate is 5.419% annual percentage rate (APR) while 15 year fixed TD mortgage rates are 5.063% APR.  Adjustable rate TD home loans are also available at 1 and 5 year increments.  The TD Bank rates on those ARM loans are 4.438% and 4.723% APR respectively.

The bonuses that TD Bank mortgage rates offer, though, are what will likely decide it for you.  The greatest of these is that mortgage rates at TD Bank are given “Mortgage Rate Security” which means that if you keep your payments timely for at least a year, you’ll be able to lower your rate if the rates have dropped since you got your loan.  So if you’re current TD Bank mortgage rate is 6.0% APR and you’ve made a year’s worth of on-time payments and the TD home loans rate is now 5.7% APR, you can lower to that new rate without refinancing.

Guaranteed closing costs, same-day loan decisions, and on-time closing guarantees all pay you if they aren’t done on time.  Another nice bonus from the TD bank rates.

TD Bank mortgage rates can also be had on home equity loans or lines of credit.  So if you’re in the market, TD Bank rates might be right for you in that regard as well.

This entry was posted on Wednesday, March 11th, 2009 at 9:26 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.