Fixed mortgage rate averages headed lower last week according to Freddie Mac's most recent market survey. The 30 year fixed rate average moved down .05% to 3.90% and the 15 year fixed rate average inched lower sliding from 3.19% to 3.17% (both with .8 pts). The 5 year treasury index ARM average increased from 2.80% to 2.83% (.7 pts).
Below is a snapshot of current mortgage rates pulled from ForTheBestRate.com this morning. We used Kentucky mortgage refinance rates for the report. Please visit the site for the criteria used in the survey. Rates are subject to change without notice. Please contact the various lenders and brokers directly for more information.
30 Year Mortgage Rates
Quicken Loans - 4.375% Note Rate - 0 pts - $2057 Fees in APR - 4.463% APR
Stonegate Mortgage - 4.000% Note Rate - 0 pts - $805 Fees in APR - 4.034% APR
AimLoan.com - 3.625% Note Rate - 0 pts - $1995 Fees in APR - 3.707% APR
First Choice Bank - 3.875% Note Rate - 0 pts - $1050 Fees in APR - 3.918% APR
20 Year Mortgage Rates
Quicken Loans - 4.125% Note Rate - 0 pts - $2057 Fees in APR - 4.245% APR
Stonegate Mortgage - 3.875% Note Rate - 0 pts - $805 Fees in APR - 3.921% APR
AimLoan.com - 3.500% Note Rate - 0 pts - $1995 Fees in APR - 3.613% APR
15 Year Mortgage Rates
Quicken Loans - 3.750% Note Rate - 0 pts - $1557 Fees in APR - 3.865% APR
Stonegate Mortgage - 3.125% Note Rate - 0 pts - $805 Fees in APR - 3.183% APR
AimLoan.com - 2.875% Note Rate - 0 pts - $1995 Fees in APR - 3.019% APR
First Choice Bank - 3.000% Note Rate - 0 pts - $1050 Fees in APR - 3.076% APR
10 Year Mortgage Rates
Quicken Loans - 3.500% Note Rate - 0 pts - $1807 Fees in APR - 3.692% APR
Stonegate Mortgage - 3.000% Note Rate - 0 pts - $805 Fees in APR - 3.085% APR
AimLoan.com - 2.750% Note Rate - 0 pts - $1995 Fees in APR - 2.959% APR
About Us:
ForTheBestRate.com is a mortgage rate research web site that consumers can use to compare interest rates, fees, and APR information from some of the nation's leading mortgage companies. We also run BurlingtonMortgage.biz and multiple other mortgage and real estate related online properties.
Home mortgage rate averages remained at their all-time lows again this week according for Freddie Mac's Primary Mortgage Market Survey. The 30 year average came in at 3.87% (.8 points) and the 15 year average equaled the previous week's mark of 3.16% (.8 points). The 5 year treasury indexed ARM average moved slightly lower falling 0.01% to 2.82% (.8 points).
Below is a snaphot of current mortgage rates posted today on ForTheBestRate.com. Please note that interest rates are subject to change without notice and can vary for multiple reasons such as borrowers' credit scores, the type of property being financed (i.e. stick built construction, manufactured homes, condos, etc), and the type of occupany (i.e. primary residences, second homes, investment properties). You can visit ForTheBestRate.com to connect with the various mortgage companies and to review the criteria used in the survey.
State for Snapshot: Mississippi Mortgage Rates (rate and term refinance rates with 0 points)
30 Year Mortgage Rates
Amerisave - 4.000% Note Rate - $1995 Fees in APR - 4.083% APR
AimLoan.com - 3.625% Note Rate - $1995 Fees in APR - 3.707% APR
Everbank - 3.875% Note Rate - $852 Fees in APR - 3.910% APR
Quicken Loans - 4.375% Note Rate - $1557 Fees in APR - 4.441% APR
15 Year Mortgage Rates
Amerisave - 3.000% Note Rate - $1995 Fees in APR - 3.144% APR
AimLoan.com - 3.000% Note Rate - $1995 Fees in APR - 3.144% APR
Everbank - 3.125% Note Rate - $852 Fees in APR - 3.187% APR
Quicken Loans - 3.625% Note Rate - $1807 Fees in APR - 3.758% APR
5 Year ARM Rates
AimLoan.com - 2.500% Note Rate - $1995 Fees in APR - 2.576% APR
Everbank - 2.625% Note Rate - $852 Fees in APR - 2.658% APR
Quicken Loans - 3.500% Note Rate - $2307 Fees in APR - 3.594% APR
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