If you were hoping for a dramatic recovery of the U.S. housing market this year, you might be in for a disappointment, according to statements from a Federal Reserve official. “I don’t think we will see any further deterioration in 2010, but you probably won’t see a lot of rapid improvement either. You’ll just hang around... more
Mortgage points are offered by lenders and are added into the closing costs of a loan. A mortgage point equals one percent of the total mortgage balance. Depending on the loan, you may have the option of buying a few mortgage points. While you can almost always buy them if you want to, it is not always in your best interest to do so. 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 | 4.79% | 0.82 | 4.92% | -0.055% |  |
| 20 Year Fixed | 4.64% | 1.02 | 4.83% | 0.001% | |
| 15 Year Fixed | 4.28% | 0.80 | 4.49% | -0.018% | |
| 3/1 ARM | 3.33% | 0.09 | 3.14% | -0.367% | |
| 5/1 ARM | 3.48% | 0.42 | 3.26% | 0.025% | |
| 7/1 ARM | 3.96% | 0.51 | 3.52% | 0.030% | |
| 10/1 ARM | 4.40% | 0.68 | 3.95% | 0.003% | |
| FHA 15 Year Fixed | 5.01% | 0.93 | 5.15% | 0.002% | |
| VA 30 Year Fixed | 4.36% | 1.53 | 4.68% | 0.005% | |
| VA 15 Year Fixed | 3.99% | 0.65 | 3.31% | -0.022% | |
| Home Equity Loan - 10 Year | 4.44% | 0.78 | 3.58% | 0.007% | |
| Home Equity Line of Credit | 5.02% | 0.58 | 4.03% | -0.015% | |
| Home Equity Loan - 15 Year | 4.80% | 0.67 | 4.22% | 0.022% | |