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Mortgage Rates for week preceeding
11/13/2008
Rate
Points
30YR FIXED
6.14
0.7
15YR FIXED
5.81
0.7
5YR ARM
5.98
0.6
1YR ARM
5.33
0.5
Average mortgage rates for conforming mortgages with
20% down
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Refinance
Home Equity
Debt Consolidation
Home Purchase
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Common Questions
What is a mortgage?
What is a second mortgage?
What is a reverse mortgage?
What is a mortgage refinance?
What is a home equity loan?
What's the difference between a fixed and adjustable rate mortgage?
Which is better -- a fixed or adjustable rate mortgage?
How do I find the least costly mortgage? Does it make sense to pay more points for a lower interest rate?
What kinds of government loans are available to homebuyers?
Types of Loans
What is the difference between conforming and large nonconforming loans?
How much do I need for a down payment?
What is APR (Annual Percentage Rate)?
How do you calculate LTV or loan-to-value ratio?
What are points?
What are closing costs?
How is pre-qualification different from pre-approval?
Why do I need to check my credit prior to purchasing a house?
What is the Truth in Lending Act?