Homeowners are turning almost exclusively to fixed rate loans for their refinance needs, according to new data from mortgage finance company Freddie Mac. Of all the refinance loans made in the first quarter of 2012, 95 percent of them were fixed rate mortgages, indicating borrowers desire for security and the attractiveness of long-term interest rates... more
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
Select the mortgage product below to view the rates in your area, or click on the graph icon to see how rates have fluctuated over a 30 day period.
| PRODUCT | RATE | POINTS | APR | CHANGE | TREND |
|---|---|---|---|---|---|
| 30 Year Fixed | 3.91% | 0.00 | 3.99% | -0.006% |  |
| 15 Year Fixed | 3.18% | 0.00 | 3.31% | 0.003% | |
| 3/1 ARM | 3.11% | 0.00 | 3.29% | 0.039% | |
| 5/1 ARM | 2.86% | 0.00 | 3.21% | 0.018% | |
| 7/1 ARM | 3.09% | 0.00 | 3.21% | 0.013% | |
| 10/1 ARM | 3.41% | 0.00 | 3.37% | 0.010% | |
| Home Equity Loan - 10 Year | 6.78% | 0.00 | 0.00% | 0.012% | |
| Home Equity Loan - 15 Year | 6.95% | 0.00 | 0.00% | 0.004% | |