Foreclosed homes made up a much smaller share of total U.S. homes sales in the third quarter of 2011, according to foreclosure data company RealtyTrac, falling to 20 percent from 30 percent in the third quarter of 2010. There were 221,536 distressed properties purchased during last year’s third quarter, an 11 percent decrease from the previous... 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 | 3.87% | 0.00 | 3.94% | 0.003% |  |
| 15 Year Fixed | 3.13% | 0.00 | 3.24% | -0.006% | |
| 3/1 ARM | 2.93% | 0.00 | 3.30% | 0.027% | |
| 5/1 ARM | 2.68% | 0.00 | 3.19% | 0.000% | |
| 7/1 ARM | 2.96% | 0.00 | 3.21% | -0.015% | |
| 10/1 ARM | 3.29% | 0.00 | 3.34% | -0.031% | |
| Home Equity Loan - 10 Year | 6.47% | 0.00 | 0.00% | 0.000% | |
| Home Equity Loan - 15 Year | 6.67% | 0.00 | 0.00% | 0.000% | |