Home prices rose in April, sales increased and inventory expanded. And it all happened at breakneck speed, according to a report from real estate brokerage Redfin, with homes selling at the fastest pace on record. In April, 35.2 percent of all houses going under contract within 14 days of their initial listing. That’s up from 34.5 percent... more
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. 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 | 3.42% | 0.00 | 3.50% | 0.019% |  |
| 15 Year Fixed | 2.76% | 0.00 | 2.88% | -0.006% | |
| 3/1 ARM | 2.79% | 0.00 | 2.84% | -0.007% | |
| 5/1 ARM | 2.69% | 0.00 | 2.73% | -0.010% | |
| 7/1 ARM | 2.89% | 0.00 | 2.93% | -0.012% | |
| 10/1 ARM | 3.12% | 0.00 | 3.17% | 0.042% | |
| Home Equity Loan - 10 Year | 6.61% | 0.00 | 0.00% | -0.015% | |
| Home Equity Line of Credit | 4.89% | 0.00 | 0.00% | 0.000% | |
| Home Equity Loan - 15 Year | 6.81% | 0.00 | 0.00% | -0.017% | |