RateAPY

National Bank of Kansas City 30-Year Fixed Mortgage at 5.178% APR

Posted by: RateAPY Bank Rates News
October 20th, 2009

Home buyers attracted by affordable home prices are comparing mortgage quotes to minimize their monthly expenses, and many homeowners are also eager to take advantage of historically low interest rates to lock in affordable monthly payments with a refinance.

Compare Interest Rates and Points

When comparing mortgage loans, borrowers need to evaluate several factors: the interest rate (including any rate changes, such as with an adjustable-rate mortgage), the term of the loan, discount or origination points, and fees charged by the mortgage lender.

National Bank of Kansas City is currently offering several loan programs which will appeal to buyers and refinancers. This FDIC-insured lender has been offering mortgages for more than 20 years. Each of these loan programs comes with a 30-day lock so that borrowers can keep these low rates as they complete their home search or finalize paperwork. The loans carry a low fee of $895 each.

The following are sample mortgage loan products:

• 30-year fixed-rate mortgage: 5.125% interest, 0 points, 5.178% APR
• 15-year fixed-rate mortgage: 4.375% interest, 0 points, 4.464% APR
• 5/1 adjustable-rate mortgage (ARM): 3.750% interest, 0 points, 3.799% APR

National Bank of Kansas City offers more than 100 mortgage loan products, one of which may be right for your purchase or refinance needs.