Rates remain below 4% – 30 year fixed at 3.75%

Rates remain below 4% – 30 year fixed at 3.75%

October 20th, 2014

Interest rates hit their lowest levels since 2014 last week and remain in that same area this week.
30 Year Fixed rates are now a 3.75% paying a portion of a point and 15 year fixed rates are at 2.875% paying a point.

Hopefully we will know in the next couple days where interest rates will likely go from here.

I always suggest choosing on the side of caution. If it can benefit you to refinance now – I would do it and lock in a rate. I’ve seen so many people waiting for lower rates and then lose out on a beneficial loan.

For a free email mortgage quote, please answer questions on the right or go to http://www.freemortgagequote.biz

Below are today’s interest rates. Have a great week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 3.875% paying 0 points

10 Year Fixed at 2.875% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       3.75% – .625 points (3.89% APR),       3.875% – 0 points (3.9% APR)

20 year fixed:       3.5% – .75 points (3.65% APR),       3.625% – 0 points (3.67% APR)

15 year fixed:       2.875% – 1 point (3.07% APR),       3.125% – 0 points (3.13% APR)

10 year fixed:       2.625% – 1 point (2.82% APR),        2.875% – 0 points (2.9% APR)

5/1 ARM:       2.75% – .75 points (2.89% APR),       3.125% – 0 points (3.127% APR)

7/1 ARM:       3.0% – .75 points (3.15% APR),        3.25% – 0 points (3.28% APR)

30 year fixed FHA:       3.25% – .75 points (4.4% APR),       3.5% – 0 points (4.5% APR)

15 year fixed FHA:       2.75% – .625 points (3.17% APR),       3% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – 1 point (3.45% APR),        3.5% – 0 points (3.55% APR)

Today's Interest Rates - October 20th, 2014
Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. October 21st 2014 30 year fixed rates, October 22nd 2014 30 year fixed rates, October 23rd 2014 30 year fixed rates, October 24th 2014 30 year fixed rates, October 25th 2014 30 year fixed rates, October 26th 2014 30 year fixed rates, October 27th 2014 30 year fixed rates.

Rates remain below 4% – 30 year fixed at 3.75%

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