RateAPY

Quicken Loans Offering 30-year Fixed-Rate Mortgage at 4.561% APR

Posted by: RateAPY Bank Rates News
August 11th, 2010

Historically low interest rates are enticing homeowners to refinance and home purchasers to find out if they can qualify to buy a home. When you are reviewing your options for a mortgage loan, make sure you compare more than the interest rate. Find out how much you need to pay in discount or ... Read more »

AmeriSave 30-Year Fixed-Rate Mortgage at 4.075% APR

Posted by: RateAPY Bank Rates News
July 14th, 2010

Potential home buyers and homeowners interested in refinancing need to compare mortgage products before they compare mortgage rates. Decide if you want a traditional fixed-rate, 30-year mortgage or if you want a 15-year mortgage loan. Borrowers who are sure they will sell their home within a short time period may want to evaluate ... Read more »

30-year Mortgage Rates Near All-Time Record Low at 4.72%

Posted by: RateAPY Bank Rates News
June 11th, 2010

According to Freddie Mac, mortgage rates this week “hover near the record low set on December 3, 2009.” The Primary Mortgage Market Survey (PMMS) has been tracking mortgage rates since April 1971. Since the PMMS survey began, shortly after Congress established Freddie Mac, 30-year mortgage rates have only ever been ... Read more »

Orange Mortgage Adjustable Rate Loans from ING Direct at 3.779% APR

Posted by: RateAPY Bank Rates News
June 10th, 2010

Refinancing? Adjustable Rate Mortgages May Be for You
Homebuyers and homeowners interested in refinancing may want to consider the benefits of an adjustable rate mortgage (ARM). ARMs can have fixed interest rates for as long as five or seven years without any adjustments, often with significantly lower rates and savings for the borrowers. For ... Read more »

Thirty-year, Fixed-rate Mortgages Start at 4.50% (4.713% APR) at Quicken Loans

Posted by: RateAPY Bank Rates News
June 9th, 2010

More to Mortgages than 30 Years
To most of us, a home loan is a 30-year, fixed-rate mortgage (FRM). That’s it. Few of us ever give a second thought to all the other sorts of mortgage loans.
However, earlier this month, the New York Times pointed out that we could be missing a ... Read more »

Mortgage Rates: Average 30-year Fixed at 4.79%

Posted by: RateAPY Bank Rates News
June 4th, 2010

Although 30-year fixed mortgage rates ticked up a tiny bit this week, the 15-year and 5/1 ARM continued down, according to the Freddie Mac Primary Mortgage Market Survey (PMMS)
Average Conforming Mortgage Rates For June 3, 2010

30-yr FRM - 4.79% with 0.8 points
15-yr FRM - 4.20% with 0.7 points
5/1-yr ARM - ... Read more »

Bank of America Offers 30-Year Fixed-Rate Mortgage at 5.010% APR

Posted by: RateAPY Bank Rates News
June 1st, 2010

Whether you are looking for a mortgage loan to purchase a property or want to refinance your current loan to take advantage of today’s low rates, be sure to search online to compare mortgage rates and terms.
Check to be sure that the lender you want to work with is licensed to offer mortgages ... Read more »

30-year Fixed Mortgage Rates Average 4.78%

Posted by: RateAPY Bank Rates News
May 28th, 2010

Mortgage rates continue to drop for the seventh straight week. According to the Freddie Mac Primary Mortgage Market Survey (PMMS), the average 30-year fixed conforming mortgage rate was 4.78% with 0.7 points this week, down from 4.84% last week. The year-over-year trend is now down. A year ago at this ... Read more »

A 30-Year, Fixed-Rate Mortgage Starts at 4.25% at Affiliated Financial Group

Posted by: RateAPY Bank Rates News
May 26th, 2010

Current Mortgage Rates Near Record Low
When Freddie Mac released its rate survey figures for week ending May 20, it revealed that the then current mortgage rates were the lowest so far this year. In fact, at an average 4.84% for a 30-year fixed-rate mortgage (FRM), they were extremely close to ... Read more »

30-year Mortgage Rates Average 4.8%

Posted by: RateAPY Bank Rates News
May 21st, 2010

Not since December 10, 2009, have mortgage rates been this low. According to this week’s Freddie Mac PMMS, the average 30-year conforming home loan dipped to 4.84% with 0.7 points, a .09% improvement week-over-week. Last year at this time the average 30-year home loan was 4.81%. Year-over-year, mortgage rates may ... Read more »