30 Year and 15 Year Mortgage Rates January 24th, 2011
Mortgage rates ended a multi week trend of lower rates and ticked up moderately for the week ending January 21, 2011. Both the 30 year fixed rate home loan and 15 year home loan from the top bank mortgage lenders ended the week higher.
The average mortgage rate for a 30 year term loan increased by seven basis points or 7/100’s of a percent. The average 30 year rate closed the week at 4.875 percent.
The average rate on the 15 year mortgage also increased by seven basis points for the week. The average 15 year mortgage rates from the top bank mortgage lenders ended at 4.175 percent.
The average points charged by the mortgage lenders in the survey were little changed week over week. The average points on the 30 year mortgage moved down slightly while the average points charged on the 15 year mortgage moved up slightly.
The average points on the 30 year rate dipped to 0.525 points from 0.55 points in the previous week. The average points charged on the 15 year mortgage moved up to 0.55 points from 0.50 points in the preceding week.
The current bank mortgage rates from the top five bank mortgage lenders in the Findlocalmortgagerates.com weekly survey for the week ending January 21, 2010 included the following 15 year and 30 year mortgage interest rates, points and loan APR’s:
Chase Mortgage rates were unchanged for the week while the points charged moved up modestly. The Chase 30 year mortgage rate held at 4.875% while the points moved up to 0.50 points for an APR of 4.975%. The 15 year mortgage rate stayed at 4.25% with points rising to 0.375 points for an APR of 4.401%.
Bank of America mortgage rates increased to 4.750% and 1.0 point with an APR of 4.896% on the 30 year and 3.875% with 1.125 point for an APR of 4.143% for the 15 year term loan.
US Bank mortgage rates were higher on the 30 year and unchanged for the 15 year. The US Bank 30 year mortgage rate ended the week at 4.875% and zero points for a 4.941% APR and the 15 year mortgage rate closed at 4.25% with zero points and a 4.361% APR.
Wells Mortgage rates were higher for both the 30 year and 15 year. The Wells Mortgage 30 year rate ended at 4.875% with 1.0 point and a 5.034% APR and the 15 year mortgage ended at 4.250% with 1.0 point and a 4.521% APR.
The Citibank 30 year mortgage rate was 5.00% with 0.125 points and a 5.077% APR and a 15 year rate was 4.250% with 0.25 points for an APR of 4.398%.
The mortgage interest rates, points and APRs included in the survey are retrieved directly from the bank mortgage lenders based on a California single family purchase with a loan amount of $250,000.00 and a 20% down payment. The bank mortgage rates listed and are believed to be accurate and reliable when placed on this site, but we cannot guarantee their accuracy.
Additional mortgage rates and point options are available from the lenders in the survey including mortgage rates in other states and regions from mortgage rates in California to mortgage rates in Illinois and mortgage rates in Florida. Call the listed lenders to find the best mortgage rates in your state.
The mortgage interest rates, points and APRs listed are current as of the mortgage rate survey date: January 21, 2011. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
Top Five Bank Mortgage Lender Rates November 29, 2010
Bank mortgage rates were appreciably higher for the week ending November 26, 2010. The 30 year fixed rate loan was up by over ten basis points or 10/100’s of a percent while the 15 year fixed rate mortgage gained seven basis points.
Bank mortgage rates from the top five bank mortgage lenders for the 30 year loan ended the week at 4.625 percent, up from the prior week’s average 30 year rate of 4.50 percent. The 15 year mortgage rate from the top five bank mortgage lenders closed the week at 3.975 percent compared to the previous week’s average 15 year rate of 3.90 percent.
The average points charged to obtain the average mortgage rates moved in the opposite direction, down slightly for both term home loans. The average points charged on the 30 year term home loan was 0.425 points compared to 0.625 points in the previous week. The average points for the 15 year came down to 0.375 points from 0.575 points in the preceding week.
The current bank mortgage rates found in the Findlocalmortgagerates.com survey for the week ending November 26th included the following 15 year and 30 year mortgage rates, points and APR’s:
US Bank mortgage rates on the 30 year mortgage ended the week at 4.75% and no points with an APR at 4.815% and the 15 year mortgage rate from US Bank ended at 4.125% with no points and a 4.236% APR.
Wells Mortgage rates on the 30 year loan were at 4.50% with 1.0 point and a 4.815% APR while the 15 year mortgage had a rate of 4.125% with 1.0 point and a 4.017% APR.
Citibank mortgage rates were 4.750% with 0.125 points and a 4.905% APR for the 30 year mortgage and 4.125% with 0.25 points for an APR of 4.427% on the 15 year mortgage loan.
Chase Mortgage rates closed at 4.750% and zero points for a 4.806% APR on a 30 year term loan and 4.125% with zero points and a 4.220% APR on a 15 year term mortgage loan.
Bank of America mortgage rates on the 30 year closed out the week at 4.375% with 1.0 point and a 4.522% APR while the 15 year Bank of America mortgage rate ended at 3.750% with 0.625 points and a 3.949% APR.
The mortgage rates and points listed from the top five bank mortgage lenders are current as of the survey date, November 26th, 2010. Information provided on the bank mortgage rates was obtained directly from the bank mortgage lenders listed and are believed to be accurate and reliable when placed on this site, but we cannot guarantee their accuracy. All mortgage interest rates and costs are subject to change and all home loans will require bank approval.
The mortgage rates, points and APRs included in the survey are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from some of the nation’s largest bank mortgage lenders.
More information on the mortgage loans and mortgage interest rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Additional mortgage rates from these lenders can be found by contacting the bank mortgage lender directly. Mortgage lender rates available cover all states including: mortgage rates in Illinois, mortgage rates in Texas, mortgage rates in New York, mortgage rates in Florida, mortgage rates in Pennsylvania, mortgage rates in Ohio, mortgage rates in Michigan, mortgage rates in Georgia, mortgage rates in North Carolina, mortgage rates in New Jersey, mortgage rates in Virginia and more.
Mortgage Rates Today September 13th, 2010
Mortgage interest rates dropped modestly for the week ending September 10, 2010 even while most bank rates increased for the week.
The benchmark 30 year fixed mortgage rate, which is the preferred loan during times of low mortgage rates, was lower by just under three basis points. The average 30 year mortgage rate form the top five bank mortgage lenders had an average interest rate of 4.675%.
Reviewing the 15 year fixed mortgage rate, which is generally always lower than the 30 year fixed mortgage rate, the average interest dropped by two basis points. The reduction in this week’s 15 year mortgage rate brought the average 15 year mortgage interest rate to 4.125% for the week.
The actual savings on the 15 year mortgage can be substantial with the lower rate and the shorter term bringing about a lower amount of overall interest paid for the term of the loan. Even with the lower interest rate and lower total costs over the life of the loan, the 15 year mortgage remains the less popular home loan choice.
The Findlocalmortaggerates.com survey results from the top five bank mortgage lenders for the week ending September 10th included the following 15 year and 30 year mortgage rates, points and APRs:
US Bank mortgage has a 30 year mortgage rate at 4.625% with no points and a 4.69% APR and a 15 year mortgage rate at 4.125% with no points and a 4.236% APR.
Wells mortgage rates were 4.375% with 1.0 point and a 4.530% APR on the 30 year and 3.75% rate with 1.0 point and a 4.017% APR on the 15 year loan.
Chase Mortgage rates were 4.875% with 0.125 points and a 4.942% APR on the 30 year term loan and 4.50% with 0.125 points for a 4.615% APR on the 15 year loan.
Bank of America mortgage rates for the 30 year mortgage were 4.625% with 0.875 points and a 4.746% APR and 4.00% with 1.0 point and a 4.231% APR for the 15 year mortgage rate.
Citibank mortgage rates closed the week at 4.875% with no points and a 5.009% APR on a 30 year home loan and 4.25% with 0.25 points for a 4.553% APR on the 15 year home loan.
Mortgage rates are current as of this publication date but all mortgage rates are subject to change and require bank approval.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from multiple bank mortgage lenders throughout the country.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage rates and loan costs for a specific loan request may be affected by a number of factors including the credit, income and assets of the borrower as well as the geographic location and property type. The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the conditions and more.
Top Five Bank Mortgage Rates August 30th, 2010
Bank mortgage rates moved decidedly lower for the week ending August 27, 2010. Based on the survey of the top five bank mortgage lenders surveyed by Findlocalmortgagerates.com, the average 30 year fixed rate home loan moved down to 4.65% while the average 15 year fixed rate home loan dropped to 4.15%.
The average points charged by the largest banks surveyed to obtain these rates was unchanged for the 30 year term mortgages at 0.425 points and was lower for the 15 year, falling to 0.375 points.
While both the 30 year mortgage and 15 year mortgage rate are down for the week, they are off of their lows reached during the week. The current 30 year fixed rate mortgage inched up slightly on August 27 when bond prices made a dramatic retreat and interest rates rose.
The results from the top five bank mortgage lenders in this week’s mortgage rate survey included the following 15 year and 30 year mortgage rates:
Wells Fargo mortgage rates included a 30 year loan at 4.25% with 1.0 point and a 4.403% APR while the 15 year loan is at 3.75% rate with 1.0 point and a 4.017% APR.
Chase Mortgage rates came in at 4.75% with 0.25 points and a 4.827% APR on the 30 year term home loan and 4.50% with no points for a 4.596% APR on a 15 year term.
Bank of America mortgage rates showed the 30 year at 4.875% with 0.75 points for a 5.005% APR and the 15 year at 4.25% with 0.875 points for a 4.491% APR.
Citibank mortgage rates were 4.875% with 0.125 points and an APR of 5.031% for the 30 year rate and 4.375% with zero points and a 4.603% APR on the 15 year mortgage loan.
US Bank mortgage rates for the 30 and 15 came in at 4.50% with no points and a 4.564% APR and 3.875% with no points and a 3.985% APR, respectively.
The bank mortgage rates, points and APRs listed in the Findlocalmortgagerates.com rate survey may vary depending on the credit, income, assets, geographic location and property of a particular loan.
The Findlocalmortgagerates.com rate survey is current as of August 27, 2010, however all mortgage rates are subject to change.
The mortgage rates surveyed are based on California properties with a loan amount of $250,000.00 and a 20% down payment.
Findlocalmortgagerates.com publishes the bank mortgage rate survey to allow potential home loan borrowers the ability to quickly and easily research mortgage interest rates from multiple bank mortgage lenders throughout the country.
More information on the mortgage loans and mortgage rates listed can be obtained by contacting the bank mortgage lenders directly:
Chase Bank 800-873-6577
Bank of America 888-233-4124
Citibank 800-667-8424
Wells Fargo 877-937-9357
US Bank 888-831-7524
Mortgage Rates in NY at Chemung Canal Bank
Chemung Canal Trust Company is a 175 year old financial institution headquartered in Elmira, New York. The bank operates 23 branch offices in 7 counties situated in the Southern Tier of New York and the Northern Tier of Pennsylvania.
Chemung Canal Trust Company is committed to the community banking philosophy and mission which means the bank builds long-term relationships with its clients and help to plays an important role in the communities they serve. As a community oriented bank, Chemung Canal makes lending decisions locally.
For consumers served in the region of Chemung Canal, the bank’s mortgage department offers a wide array of mortgage loans with competitive mortgage rates. Chemung Canal mortgage serves first time home buyer, existing homeowners looking to refinance their existing home loan, consumers who may be home build new or second home and more.
The bank’s website provides a great deal of information about Chemung Canal Trust Company including mortgage products and services as well as branch locations and hours of operations.
With Chemung Canal mortgage, a mortgage applicant can apply online or contact one of the bank offices to speak with a mortgage professional. The bank mortgage department can assist potential home loan borrowers find the right mortgage loan to fit their needs.
Mortgage loan rates promoted by Chemung Canal include the following terms and mortgage rates:
10 year mortgage rate 4.500%, 0 points and 4.58% APR with a minimum 5 percent down payment.
15 year mortgage rate 4.500%, 0 points and 4.56% APR with a minimum 5 percent down payment.
20 year mortgage rate 5.125%, 0 points and 5.17% APR with a minimum 5 percent down payment.
30 year mortgage rate 5.250%, 0 points and 5. 28% APR with a minimum 5 percent down payment.
Use one of the mortgage calculators located at www.selectcalculators.com to help determine which mortgage rates an home loan options are best for you. Check on the potential savings with different term home loans or making biweekly instead of monthly mortgage payments as well.
Additional mortgage rates and point options are available. Mortgage rates are subject to change without notice. All home loans are subject to credit approval. Any additional conditions will apply.
For more information on bank mortgage rates and home loan programs, contact the bank mortgage department directly at (607) 737-3815 or toll-free at (800) 836-3711. Mortgage rates and bank information is also available at the bank website located at www.chemungcanal.com.
Bank deposit rates can be viewed at www.selectcdrates.com including current CD rates and more.