Best Interest Only Mortgage Rate

Ways to Bank Pay and Send Money . Pay and Send Money. Prime Rate. 3.950%.. Note: The effective date reflects the date which TD last altered its prime lending rate. Explore Products and Rates. Loans. The credit you need, with fixed monthly payments that fit your budget. Learn more.

If you are looking for a low payment offered by interest only mortgage financing but are leery of the volatility of short-term ARM products, then a 10 year interest only loan or 7 year interest only mortgage might be the right program for you. Rates for these products may be slightly lower than that of thirty year fixed interest only loans and.

The 5/1 adjustable-rate mortgage (ARM) rate is 4.02 percent with an APR of 7.11 percent. Today’s Mortgage Interest Rates for Purchase