News
& Updates
Friday, November 21, 2008
| OUR
RATES TODAY |
|||
| Rate |
Points |
APR |
|
| 30 Fixed |
NA
|
0 |
NA
|
| 15 Fixed |
NA
|
0 |
NA
|
| 5/1 ARM |
NA
|
0 |
NA
|
| 1yr ARM |
6.0
|
0 |
6.02
|
| Our
rates are updated every 15 minutes.
Next update in min. |
|||
| More
Rates >> |
|||
| NATIONAL
AVERAGES |
||||
| Rate |
Points |
|||
| 30 Fixed |
6.18
|
0.4
|
||
| 15 Fixed |
5.93
|
0.4
|
||
| 5/1 ARM |
5.98
|
0.5
|
||
| 1yr ARM |
5.47
|
0.6
|
||
| Current national averages as |
||||
Source:
Freddie
Mac |
||||
Rates
Interest Only Loans - What's the Deal?More and more borrowers are seeking lower payments with interest-only mortgages.
November 21, 2008
The demand for interest-only mortgages seems to have skyrocketed recently. At the same time, many mortgage shoppers have reported getting the "hard-sell" from lenders when it comes to these loans. So what's going ... more >>
Discount Mortgages - The FactsWhat exactly are discount mortgages and are they right for me?
November 19, 2008
First, let's explain what our discount mortgages are not. They are not mortgages involving mandatory discount points, negative amortization or buydowns. They are also not mortgages that carry excessive lender ... more >>
What's Popular Now
| |
1. |
Combo
Loans 2 loans instead of 1. They're commonly called 80-10-10s or 80-15-5s and are a great way to avoid mortgage insurance. |
|
| Tell me more >> | |||
| |
2. |
Interest
Only Loans As mortgage rates rise these loans are becoming a popular way to keep your monthly payment down. |
|
| Tell me more >> | |||
| |
3. |
Zero
Down Loans The lowest down payment you can possibly have. |
|
| Tell me more >> | |||
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