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HomeQuest Mortgage Offers 30-Year Fixed-Rate Mortgage at 5.203% APR

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

Whether you are searching for a mortgage loan for a home purchase or to refinance the mortgage loan on your current home, you should be comparing the interest rates and terms available in your state.

Borrowers with the highest credit scores and the funds for a down payment of 20% can qualify for the best bank deals, but even consumers with less than perfect credit can take advantage of today’s low mortgage interest rates.

HomeQuest Mortgage, operating in Massachusetts, Connecticut, Rhode Island, New Hampshire and Maine, offered the following rates on March 26, 2010, for a $175,000 with a 20% down payment and a credit score of 740 or above:

Term/Rate/Points/APR

30 and 25-Year Fixed/5.125%/0/5.203% APR

20-Year Fixed/4.750%/0/4.820% APR

15-Year Fixed/4.250%/0/4.337% APR

10-Year Fixed/4.125%/0/4.218% APR

40-Year Fixed/5.375%/0/5.417% APR

3/1 ARM/3.750%/0/3.846% APR

5/1 ARM/3.875%/0/3.968% APR

7/1 ARM/4.250%/0/4.321% APR

10/1 ARM/4.875%/0/4.996 APR

Compare mortgage interest rates, fees and points online for the best terms.