Current Mortgage Rates

Tuesday, December 02, 2008



It's a program used to help home buyers determine the monthly payment on a mortgage using principal, interest rate, and term as the variables. If you are buying a home or refinancing a mortgage, there are many questions bound to arise. The mortgage calculators can guide you through matters such as whether to rent or buy; figuring the total amount you can borrow; or comparing one mortgage versus another. When using a mortgage calculator, you will certainly appreciate the fast results. Simply answer a few questions and the mortgage loan calculator will provide you with a list of options.



Get Current Mortgage Rates
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Current Mortgage Rates*

Loan Type
National Average
30-yr. fixed5.88%
30-yr. fixed jumbo7.62%
15-yr. fixed5.50%
15-yr. fixed jumbo7.50%
7/1 ARM6.25%
5/1 ARM5.88%
3/1 ARM5.88%
1-yr. ARM6.75%
1-yr. LIBOR ARM6.12%
10/1 ARM7.88%
40-yr. fixed7.00%
*Mortgage Rates Updated: 12/01/2008