Top Five Bank Mortgage Rates July 19, 2010
After the Fed released the minutes on their last meeting that indicated the economy is not roaring ahead anytime soon, mortgage rates moved lower once again. Mortgage rates are determined by a number of factors, but are strongly influenced by the economy and demand for fixed income assets such as Treasury securities and, of course, mortgage backed securities. As the economy has dragged along, demand for these investments has remained strong pushing rates lower.
In the weekly mortgage rate survey of the top five bank mortgage lenders performed by Findlocalmortgagerates.com, both the 30 year fixed mortgage rate 15 year fixed mortgage rate shifted lower.
The average rate for the 30 year fixed rate mortgage dropped down to 4.750% from 4.775% in the previous week. The average points charged was up slightly to 0.475 from 0.45 points in the previous week.
The average 15 year fixed mortgage rate moved down to 4.20% from 4.225% in the previous week. The average points charged to obtain the rate on the 15 year remained unchanged at .45 points.
The Findlocalmortgagerates.com survey is designed to help consumers make informed choices when looking for the best mortgage and best mortgage rate. Results from the survey included the following bank mortgage lender rates, points and APRs on the 30 year and 15 year fixed rate home loan.
Chase Mortgage rates included the 30 year home loan at 4.875% with 0.25 points and a 4.953% APR and 15 year mortgage rate of 4.375% with zero points and an APR of 4.471%.
Bank of America mortgage rates for the 30 year and 15 year mortgage were 4.75% with 1.0 point and an APR of 4.877% for the 30 year and 4.125% with 1.25 points for a 4.382% APR on the 15 year.
Citibank offers a 30 year mortgage rate at 5.00% with 0.125 points for a 5.158% APR and 4.50% with no points with a 4.729% APR for the 15 year mortgage.
Wells Fargo mortgage rate on a 30 year mortgage is 4.50% with 1.0 point resulting in a 4.686% APR while the 15 year mortgage rate is at 3.875% with 1.0 point and a 4.195% APR.
US Bank mortgage rate is 4.625% with zero points and a 4.690% APR for a 30 year and 4.125% with zero points for a 4.236% APR on the 15 year term home loan.
The bank mortgage lenders listed offer a number of different rate and point options as well as a variety of additional home loans including FHA loans, adjustable rate mortgages, jumbo loans and more.
Bank mortgage rates are current as of this publication date but subject to change. The bank mortgage lender rates listed as well as the points and APRs may vary depending on the credit, income, assets and property being purchased by the borrower. All mortgage loans are subject to bank approval and additional conditions will apply.
The mortgage rates, points and APRs in the Findlocalmortgagerates.com mortgage survey are for a home loan of between $200,000.00 and $275,000.00 on a single family owner occupied home with a minimum 20% down payment.
For more information on the above listed mortgage rates and loans, the bank mortgage lenders listed can be reached directly at the following numbers:
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
Bank Mortgage Rates July 12, 2010
The 30 year and 15 year mortgage rates from the top five bank mortgage lenders surveyed by Findlocalmortgagerates.com were little changed for the week ending July 10, 2010.
The average rate for the 30 year fixed rate mortgage remained unchanged at 4.775%. The average points charged increased marginally to 0.45 from 0.425 points in the previous week.
The average 15 year fixed rate loan moved higher by just two basis points or 2/100 of a percent bringing the rate up to 4.225% from 4.20% in the prior week. The average points charged to obtain that rate fell modestly to .45 from .50 points in the preceding week.
Results from this week’s mortgage rate survey included the following mortgage rates, points and APRs on the 30 year and 15 year fixed rate home loan from the individual bank mortgage lenders:
The Chase Mortgage rate for the 30 year is 5.00% with zero points and a 5.056% APR while the 15 year mortgage from Chase has a mortgage rate of 4.500% with zero points and an APR of 4.596%.
Bank of America mortgage rates for the 30 year is 4.75% with 1.0 point and an APR of 4.868% and 4.125% with 1.25 points for a 4.368% APR on the 15 year term mortgage.
Citibank mortgage rate for the 30 year fixed is 5.00% with 0.25 points and an APR at 5.180% and 4.50% with no points and a 4.729% APR for the 15 year fixed rate mortgage.
Wells Fargo mortgage rate on a 30 year home loan is 4.50% and 1.0 point and an APR of 4.686% while the 15 year fixed rate mortgage from Wells Fargo is at 3.875% with 1.0 point and a 4.195% APR.
US Bank mortgage rate for a 30 year is 4.625% with no points and a 4.69% APR and 4.125 with no points for a 4.236% APR on the 15 year mortgage.
The bank mortgage lenders listed offer a number of different rate and point options as well as a variety of additional home loans including FHA loans, adjustable rate mortgages, jumbo loans and more.
Bank mortgage rates are current as of this publication date but subject to change. The bank mortgage lender rates listed as well as the points and APRs may vary depending on the credit, income, assets and property being purchased by the borrower. All mortgage loans are subject to bank approval and additional conditions will apply.
The mortgage rates, points and APRs in the Findlocalmortgagerates.com mortgage survey are for a home loan of between $200,000.00 and $275,000.00 on a single family owner occupied home with a minimum 20% down payment.
For more information on the above listed mortgage rates and loans, the bank mortgage lenders listed can be reached directly at the following numbers:
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 from Webster Bank February 15, 2010
Webster Bank is a Connecticut based bank that offers mortgages in all 50 states. Webster Bank not only offers a variety of mortgage loans with competitive mortgage rates but also provides traditional consumer banking, business banking, mortgage banking, insurance, financial planning, trust and investment services with a network of over 180 bank branch locations in four states.
Webster Bank offers a comprehensive selection of home loan products from FHA loans to new construction financing.
Webster Bank offers standard fixed rate mortgages on a variety of programs for both conventional and jumbo loans. The bank offers adjustable rate mortgages for borrowers who may be looking for a lower initial rate to help qualify for a larger loan. Webster Bank also offers competitive fixed and adjustable rates on jumbo home loans.
Government loan programs available through Webster Bank include FHA loans, VA loans and Connecticut Housing Finance Authority loans. Webster Bank FHA loans offers low interest rates combined with low down payment requirements.
The bank’s construction lending options provide one consolidated loan for land and new construction, so there is only one loan closing. Construction loans are available for stick-build, modular, or pre-fabricated homes. Mortgage loans for new construction are available with various interest rate options, including fixed rate and interest-only programs.
A sample of current mortgage rates offered by Webster Bank includes the following terms:
A 15 year fixed rate mortgage has a mortgage rate of 4.250% with no points and an APR of 4.363%.
A 30 year fixed rate mortgage has a mortgage rate of 4.875% with no pints and an APR of 4.942%.
A 5/1 adjustable rate mortgage has a rate of 4.000% with no pints and a 3.328% APR.
For shorter fixed period, the bank offers a 3/1 adjustable rate mortgage with a rate of 4.875% with no pints and a 3.152% APR.
Mortgage rates are subject to change. The mortgage rates posted are current as of February 15, 2010; actual rates may vary based on credit qualifications, loan amount, down payment, term and property location. All home loans are subject to credit approval and the bank approval process.
Mortgage loans are available in all states some restrictions may apply. For current mortgage rates or to speak with a Webster Bank mortgage loan representative about their home loan products, call 1.888.681.7788.
Mortgage Rates in Illinois with KeyBank
Home loans in Illinois are available from several mortgage lenders. Finding the best mortgage for a purchase or mortgage refinance in Illinois can be challenging. The one key tactic is to shop around, to compare costs and terms, and to negotiate for the best deal.
Shopping around for a home loan or mortgage will help you to get the best financing deal. KeyBank is one of the top twenty largest banks in the U.S. that offers competitive mortgage rates in Illinois.
KeyBank offers fixed rate loans that have repayment terms of 15, 20, or 30 years. The mortgage lender also offer variety of adjustable rate mortgages in Illinois.
Borrowers should compare all the costs involved in obtaining a mortgage and estimate how long they plan to own the home to determine whether an ARM is more appropriate than a fixed rate mortgage.
The following list is a sampling of the varying terms, products, and rates available for mortgage loans for purchases and refinances in Illinois through KeyBank on February 9, 2010. The mortgage rates are based on loan type, down payment, and location selections made for a single family, primary residence.
30 year fixed rate mortgage rate is 5.000% with 0.000% points and a 5.135% APR.
15 year fixed rate mortgage rate is 4.375% with 0.000% points and a 4.596% APR.
5/1 ARM mortgage rate is 4.250% with 0.375% points and a 3.653% APR.
30 year fixed FHA loan mortgage rate is 5.125% with 0.000% points and a 5.262% APR.
30 year jumbo loan mortgage rate is 7.375% with 0.000% points and a 7.513% APR.
Mortgage loan rates in Illinois may change daily. These interest rates and/or points are subject to change without notice by the bank, and may vary based on credit quality, loan amount, and property type. All home loan products offered by the bank are subject to credit approval.
The APRs for the listed loans assume a 20.00% down payment on the purchase of an owner occupied one unit dwelling and with no secondary financing. The APR may not include all closing costs.
For current mortgage rates in Illinois from KeyBank a mortgage representative from the bank can be reached at 1-800-422-2442.
Regions Mortgage Locations Arkansas
Regions Mortgage is headquartered in Birmingham, Ala. Regions Mortgage is one of the largest residential mortgage loan originators and servicers in the U.S. Regions Mortgage is a part of Regions Financial which is the holding company for Regions Bank. Regions Mortgage has mortgage locations throughout the South, Midwest and Texas.
Regions Mortgage offers a wide variety of options for new home loan borrowers and those existing home owners that may be looking to refinance. Mortgage loan programs offered by Regions Mortgage include fixed rate home loans, adjustable rate mortgages, jumbo loans, FHA and VA loans. All of these mortgage loans also have various terms including standard 15 year and 30 year mortgages. And most all of the mortgage loans offered come with several different mortgage rate and point options to choose from.
Regions Mortgage locations in Arkansas:
Regions Mortgage
318 Hester Drive
Harrison, AR 72601
870-391-8200 - Phone
870-391-8290 - Fax
Regions Mortgage
835 Central Avenue
Hot Springs, AR 71901
501-624-8828 - Phone
501-624-8881 - Fax
Regions Mortgage
400 West Capitol, 2nd FL
Little Rock, AR 72201
501-371-6642 - Phone
501-371-7020 - Fax
Regions Mortgage
723 Garrison Avenue
Fort Smith, AR 72901
479-494-4617 - Phone
479-783-1956 - Fax
Regions Mortgage
5400 Rogers Avenue
Fort Smith, AR 72903
479-478-1200 - Phone
479-478-1270 - Fax
Regions Mortgage
800 South Shackleford
Little Rock, AR 72211
501-221-9364 - Phone
501-223-0869 - Fax
Regions Mortgage
106 South 2nd Street
Cabot, AR 72023
501-843-9344 - Phone
501-843-7051 - Fax
Regions Mortgage
201 S. Denver
Russellville, AR 72801
479-968-1234 - Phone
Regions Mortgage
696 Desoto Blvd.
Hot Springs Village, AR 71909
501-922-3706 - Phone
501-922-4420 - Fax
Regions Mortgage
5050 Northgate Road
Rogers, AR 72758
479-464-1272 - Phone
479-464-1284 - Fax
Regions Mortgage
4900 JFK Blvd
North Little Rock, AR 72116
501-753-7262 - Phone
501-758-3681 - Fax
Regions Mortgage
2400 East Highland
Jonesboro, AR 72401
870-974-5305 - Phone
870-974-5315 - Fax
Regions Mortgage
146 West South Street
Benton, AR 72015
501-315-2000 - Phone
501-303-2130 - Fax
Regions Mortgage
1465 Joyce Blvd
Fayetteville, AR 72703
479-684-5217 - Phone
479-684-5241 - Fax
Regions Mortgage
1023 Main Street and Chestnut
Conway, AR 72032
501-450-4651 - Phone
501-450-4788 - Fax
Regions Mortgage
1507 East Race Street
Searcy, AR 72143
501-230-5389 - Phone
501-268-3686 - Fax
Regions Mortgage
1141 East Main
Batesville, AR 72501
870-793-7551 - Phone
870-698-2237 - Fax
Regions Mortgage
2905 Prince Street
Conway, AR 72032
501-450-4725 - Phone
501-450-4647 - Fax
Regions Mortgage Locations Texas
Regions Mortgage is one of the larges residential mortgage loan originators and servicers in the US. Regions Mortgage has mortgage loans offices throughout the South, Midwest and Texas.
Regions Mortgage offers fixed and adjustable rate mortgages, jumbo loans, FHA and VA loans. Home loans are available for primary residences, second homes and investments properties.
Regions Mortgage is part of Regions Financial Corporation which operates as the holding company for the Regions Bank. Regions Bank provides a wide range of commercial, retail, and mortgage banking services in the US. Regions Bank operates over 1,800 branch bank locations as well as over 2,200 automated teller machines in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
Regions Mortgage locations in Texas:
Regions Mortgage
1000 West Southwest Loop 323
Tyler, TX 75701
903-594-7800 - Phone
903-594-7842 - Fax
Regions Mortgage
7044 F M 1060 East
Humble, TX 77346
281-852-8897 - Phone
Regions Mortgage
5005 Woodway
Houston, TX 77056
713-426-7100 - Phone
713-426-7185 - Fax
Regions Mortgage
7585 South Broadway
Tyler, TX 75703
903-581-7247 - Phone
903-581-8053 - Fax
Regions Mortgage
213 North Fredonia
Longview, TX 75601
903-237-3510 - Phone
903-237-3520 - Fax
Regions Mortgage
1111 West Mockingbird Lane, 2nd Floor
Dallas, TX 75247
214-678-3944 - Phone
214-678-3955 - Fax
Regions Mortgage
2000 Richmond Rd.
Texarkana, TX 75503
903-832-2551 - Phone
903-832-0070 - Fax
Regions Mortgage
1111 W. Mockingbird Lane, 12th Floor
Dallas, TX 75247
214-678-2580 - Phone
214-678-3992 - Fax
Regions Mortgage
100 Main Street
Fort Worth, TX 76102
817-810-2000 - Phone
817-810-2001 - Fax
Regions Mortgage
910 E. Hawkins Parkway
Longview, TX 75606
903-663-2247 - Phone
903-663-7305 - Fax
Regions Mortgage
100 East Ferguson
Tyler, TX 75702
903-595-1941 - Phone
903-535-4223 - Fax
Regions Mortgage
6910 North Eldridge Pkwy
Houston, TX 77041
713-466-7283 - Phone
713-896-7073 - Fax
Regions Mortgage
810 West Main Street
Tomball, TX 77375
281-351-1691 - Phone
281-351-8708 - Fax
Regions Mortgage
704 S. John Redditt Drive
Lufkin, TX 75904
936-634-3578 - Phone
936-634-3566 - Fax
Regions Mortgage
2051 West Main
League City, TX 77573
281-332-7575 - Phone
281-332-7848 - Fax
Regions Mortgage
4314 W Braker Lane Ste 200
Austin, TX 78759
512-372-2350 - Phone
512-372-2360 - Fax
US Bank Home Mortgage Arkansas Little Rock
US Bank home mortgage loan officer contact for Mountain Home, Arkansas. US Bank home mortgage offers a wide variety of mortgage financing products suited for variety needs. Mortgage applications can be completed with the loan officer listed or online through the US Bank website or through the main toll free number at 888-831-7524.
US Bank home mortgage loan programs include loans for purchases and refinances, FHA loans, jumbo loans and more.
US Bank home mortgage can provide fixed rate loans for terms include 15, 20 and 30 year loans, adjustable rate loans with different fixed rate periods as well as low down payment loans.
For Mountain Home, Arkansas the listed US Bank home mortgage contact is:
Joe Keene
Mortgage Loan Officer
U.S. Bank Home Mortgage
#1 Riverfront Place
Third Floor
Little Rock, AR 72114
Office: 501-688-1370
Pager: 501-714-0240
Fax: 501-370-4390
Joe.w.keene@usbank.com
U.S. Bank is one of the top ten largest banks in the US listed by assets. The parent company of U.S. Bank is US Bancorp. US Bank provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions
The consumer banking division of US Bank delivers products and services through the retail branch banking offices, telephone servicing and sales, on-line services, direct mail and ATM processing.
Consumer banking includes community banking, in-store banking, small business banking, consumer lending, mortgage banking, consumer finance, workplace banking, student banking and 24-hour banking.
US Bank Home Mortgage Arkansas Conway
US Bank home mortgage loan officer contact for Conway, Arkansas. U.S. Bank Home Mortgage is the retail mortgage lending division of US Bank. The company HQ is based in Minneapolis, Minnesota.
To begin the home mortgage process with US Bank, a prospective borrower can contact the loan officer, speak a representative through the toll free phone number of 888-831-7524 for new home purchases or 800-365-5001 for existing mortgage refinance transactions or a prospective borrower can fill out a mortgage loan application online.
US Bank home mortgage loan officers and representatives can provides information and resources to compare mortgage loan options, mortgage rates, home equity loans and refinancing rates. Mortgage rate information is also available on the US Bank website.
US Bank home mortgage loan options include fixed rate home mortgages with a variety of terms, adjustable rate mortgages, government loan programs and jumbo loans. Mortgage loan programs, mortgage interest rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and the transaction. All home loans are subject to bank approval.
Kim Smith
Mortgage Loan Officer
U.S. Bank Home Mortgage
1122 Van Ronkle
Conway, AR 72032
Office: 501-328-0444
TollFree: 877-738-2783
Cell: 501-472-4188
Fax: 501-450-0034
Kimberly.smith@usbank.com
US Bank provides various banking and financial services. US Bank is based in Minnesota and has bank branch locations in 24 states. The bank operates over 2,500 bank branches and 5,000 ATMs. Bank retail services and products include checking and savings accounts, credit cards, mortgages, home equity and student loans as well as insurance and private banking.
The bank delivers it products and services through the retail bank branches, telebanking, online banking, direct mail, and automated teller machine services.