Today’s Mortgage Rates September 9, 2010
Today’s mortgage rates are above last week’s low point but are ending this week slightly lower than where they started.
Based on the most recent survey of fixed rate mortgages performed by Findlocalmortgagerates.com, the average 30 year mortgage interest rate is at 4.65% with .45 points. The average 15 year mortgage interest rate is at 4.125% and .50 points.
While these mortgage rates have risen since the lows hit in the middle of the previous week, they are lower now than they were at the start of the week. The 30 year mortgage started the week at 4.70% with .475 points while the 15 year was at 4.15% and .50 points.
Results from the most today’s mortgage rate survey for the 30 year and 15 year mortgage at five of the largest bank mortgage lenders included the following mortgage rates and terms:
Chase mortgage rates on the 30 and 15 year loans were 4.75% with .125 points for an APR of 4.816% on the 30 and 4.50% with .125 points for a 4.615% APR for the 15.
Wells Mortgage rates for the 30 and 15 year mortgage were 4.375% with 1.0 point and a 4.530% APR for the 30 year and 3.750% with 1.0 point with a 4.017% APR on the 15 year home loan.
Bank America mortgage rates came in at 4.625% and 1.125 points with a 4.765% APR for the 30 year home loan and 4.125% with 1.0 point and a 4.35% APR on the 15 year.
SunTrust mortgage rates were 4.50% with 1.125 points and an APR of 4.627% for the 30 year and 3.875% with 1.125 points and a 4.091% APR on the 15 year loan.
TD mortgage rates for Sept. 9 were 4.625% and zero points with a 4.667% APR on the 30 year home loan while the 15 year was 3.875% and zero points with a 3.947% APR.
All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting. Today’s mortgage rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lenders and are not guaranteed.
Bank mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type and geographic location, along with other factors that will impact a specific loan request and may alter the mortgage rate and costs. The mortgage rates listed are based on mortgage loan amounts of approximately $250,000.00 with a 20% down payment for a single family owner occupied property.
The mortgage rates and points listed are just a sample of the rates from the Findlocalmortgagerates.com survey and are just a sample of the loan programs and mortgage rates that are available from these bank mortgage lenders.
Today’s Mortgage Rates August 31, 2010
For the last day of August, today’s mortgage rates continued their August downward trend and closed lower yet again. Hard to believe, but today’s’ mortgage rates from the top ten bank mortgage lenders are lower today than they were just three days ago, at the close of last week on August 27.
Conventional fixed mortgage rates rose slightly on Friday when short term bond prices fell measurably and interest rates rose, marking the first significant uptick in days. Rates moved lower on Monday and continued that direction through today.
Based on the most recent survey of bank mortgage rates performed by Findlocalmortgagerates.com, the average 30 year mortgage rate dropped down to 4.504% with .375 points. The average 15 year mortgage rate was lower as well, drifting down to 3.975% with 0.35 points.
Results from the survey for the 30 year home loan at five of the largest bank mortgage lenders in the today’s mortgage rate survey included the following mortgage rates and terms:
Chase mortgage rates on the 30 year for Aug 31 came in at 4.625% with .125 points for an APR of 4.691%.
Wells Mortgage rates for a 30 mortgage had an interest rate of 4.25% with 1.0 point and a 4.403% APR.
Bank America mortgage rates were 4.625% and 1.0 point with an APR at 4.778% for the 30 year home loan.
SunTrust mortgage rates were 4.25% with 1.50 points and an APR of 4.407%.
TD mortgage rates for a 30 year home loan came in at 4.50% and zero points with a 4.542% APR.
Today’s mortgage rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lenders and are not guaranteed. All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting.
The mortgage rates listed are based on mortgage loan amount of approximately $250,000.00 with a 20% down payment. Mortgage rates are dependent on the credit profile of the borrower, the down payment amount, property type and geographic location, these factors and others will impact a specific loan request and may alter the mortgage rate and costs.
The mortgage rates and points listed are just a sample of the rates from the survey and are just a sample of the many home loan programs and mortgage rates that are available from these bank mortgage lenders.