According to the Wall Street Journal, the Obama administration is redefining who can qualify for government assisted refinance programs. Apparently the original guidelines were not broad enough to help those most struggling with their loans. After all, the first rules limited homeowners to having a 105 percent loan to value ration on their homes, yet according... more
Local and state governments often offer down payment assistance to low-income mortgage borrowers. This can make it easier for them to get a good interest rate as well. 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 | 5.34% | 0.76 | 5.29% | -0.009% |  |
| 20 Year Fixed | 5.40% | 1.00 | 5.41% | 0.010% | |
| 15 Year Fixed | 4.76% | 0.74 | 4.81% | 0.005% | |
| 3/1 ARM | 4.49% | 0.04 | 4.11% | 0.050% | |
| 5/1 ARM | 4.53% | 0.25 | 4.06% | 0.005% | |
| 7/1 ARM | 5.01% | 0.01 | 4.30% | 0.038% | |
| 10/1 ARM | 5.42% | 0.02 | 4.75% | 0.465% | |
| FHA 30 Year Fixed | 0.00% | 0.00 | 5.55% | 0.000% | |
| FHA 15 Year Fixed | 6.59% | 0.81 | 4.75% | -0.122% | |
| VA 30 Year Fixed | 6.38% | 0.82 | 5.47% | -0.147% | |
| VA 15 Year Fixed | 4.41% | 0.03 | 4.73% | 0.000% | |
| Home Equity Loan - 10 Year | 5.71% | 0.50 | 4.99% | -0.012% | |
| Home Equity Line of Credit | 6.01% | 0.53 | 3.25% | 0.000% | |
| Home Equity Loan - 15 Year | 6.88% | 0.01 | 4.99% | 0.000% | |
