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CURRENT INTEREST RATES
30- Year Mortgage
Interest Rate
Points
APR
5.875%
3-point Mortgage
6.257%
6.000%
2-point Mortgage
6.287%
6.125%
1-point Mortgage
6.316%
6.250%
0-point Mortgage
6.346%
6.750%
2% Closing Grant (0 points)
6.656%
7.000%
3% Closing Grant (0 points)
6.809%
40- Year Mortgage
Interest Rate
Points
APR
6.125%
3-point Mortgage
6.455%
6.250%
2-point Mortgage
6.499%
6.375%
1-point Mortgage
6.542%
6.500%
0-point Mortgage
6.585%
7.000%
2% Closing Grant (0 points)
6.919%
7.250%
3% Closing Grant (0 points)
7.083%
35- Year Interest Only Mortgage (5 year interest only; 30 year principal and interest)
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Interest rates using Lender Paid Mortgage Insurance
Interest Rate
Points
APR
6.125%
3-point Mortgage
7.094%
6.250%
2-point Mortgage
7.124%
6.375%
1-point Mortgage
7.155%
6.500%
0-point Mortgage
7.185%
7.000%
2% Closing Grant (0 points)
7.498%
7.250%
3% Closing Grant (0 points)
7.651%
40- Year Interest Only Mortgage (7 year interest only; 33 year principal and interest)
Click here for:
Interest rates using Lender Paid Mortgage Insurance
Interest Rate
Points
APR
6.125%
3-point Mortgage
7.165%
6.250%
2-point Mortgage
7.199%
6.375%
1-point Mortgage
7.232%
6.500%
0-point Mortgage
7.265%
7.000%
2% Closing Grant (0 points)
7.579%
7.250%
3% Closing Grant (0 points)
7.732%