Loan Programs
30 year fixed Conv/Conforming
30 year Fixed LPMI
15 year fixed
5/1 ARM
5/1 Interest Only ARM
FHA Home Loans 30 year fixed
FHA Secure Program 30 year fixed
VA Home Loans 30 year fixed
Super Jumbo Mortgage - Jumbo Loans
Today's Rates - APR 05-22-08
(1st Update 1:17PM)
5.750% - 5.933%
6.125% - 6.312%
5.500% - 5.806%
5.000% - 5.381%
5.000% - 5.381%
5.875% - 6.200% New FHA Loan limit
6.375% - 6.710%
6.000% - 6.400%
Apply Online or Request More Info
| The National Mortgage Rate Snapshot | ||||||||
May 15, 2008 |
One Year Ago | |||||||
| 30YR | 15YR | 5/1ARM | 1/1ARM | 30YR | 15YR | 5/1ARM | 1/1ARM | |
| Average | 6.01 | 5.6 | 5.57 | 5.18 | 6.21 | 5.92 | 5.92 | 5.48 |
| Fees & Points | 0.6 | 0.5 | 0.6 | 0.7 | 0.4 | 0.4 | 0.5 | 0.7 |
PRIMARY MORTGAGE MARKET SURVEY RESULTS
May 15, 2008 © 2008 Freddie Mac
Rates are updated noon daily. Rates are subject to change without notice.
APR is Annual Percentage Rate based on $200,000 loan amount, 20% down, no discount point, standard 1% origination fee unless otherwise noted, and 740 minimum credit score. Your actual Annual Percentage Rate (APR) may be higher or lower based on your credit history, loan amount, property state, product features, interest rate lock period, PMI/MIP, and loan-to-value ratio. The displayed annual percentage rates (APRs) include total points and additional prepaid finance charges and may include other closing costs. On adjustable rate loans, rates are subject to increase over the life of the loan.
Loan pricing may only be locked through a mortgage consultant to be effective. All loans are subject to credit approval, verification, and collateral evaluation. This information is provided for illustration only, does not constitute an application, does not guarantee loan approval, nor is it an offer or commitment to make a loan to you on the above terms.
Mortgage Rates displayed above are based on mortgage loans secured by properties located in Matthews, Midland, Concord, Cary, Winston Salem, Charlotte, Wilmington, Arden, Durham, Raleigh, Rocky Mount, Greensboro, Fayetteville, Salisbury, and all over North Carolina, and may vary per state.
FHA Loan rates based on a 2.25% down payment, and with no Manual Underwriting included. Price may vary with loan amount, credit score, Manual Underwriting offers, no credit score, cash-out refinancing, and property state.
VA Loan rates based upon 1st time use of VA Funding Fee.
LPMI (Lender Paid PMI) based upon 5% down payment with $200,000 loan amount, and minimum 740 credit score.
Other restrictions may apply.