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Mortgage Qualifier
Current Rates
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Terms
|
Bank Rates
|
Our Rates
|
---|---|---|
6 Months | 4.00% | 3.95% |
1 Year | 3.09% | 2.89% |
2 Years | 3.14% | 2.79% |
3 Years | 3.65% | 3.09% |
4 Years* | 4.54% | 3.29% |
5 Years | 5.14% | 3.54% |
7 Years | 6.35% | 3.89% |
10 Years | 6.75% | 4.19% |
CURRENT VARIABLE MORTGAGE RATE IS
2.60%
CURRENT PRIME RATE IS
3.00%
Mortgage Lending
Mortgage lending is a highly competitive field. Information on mortgage rates, which can change daily, is available in local newspapers, through mortgage brokers, from individual lenders and of course through conventional financial institutions. When you are shopping for a loan, interest rates tell just part of the story. You will also need to study the various fees lenders charge and many mortgages today are almost custom-tailored to individual needs with many options available.