Mortgages
Mortgage Rate for September 24, 2009
| Mortgage Loan Type |
Today |
Last Week |
| 30 Year Fixed Mortgage |
5.19% |
5.16% |
| 15 Year Fixed Mortgage |
4.63% |
4.65% |
| 1 Year ARM Mortgage |
3.93% |
3.94% |
| 30 Year Fixed Jumbo Mortgage |
6.11% |
6.18% |
| 5/1 ARM Mortgage |
4.23% |
4.29% |
| 3/1 ARM Mortgage |
4.80% |
4.918% |
Average mortgage rates from Citibank Mortgage, Wells Fargo Mortgage, Bank of America Mortgage and Chase Mortgage.
Mortgage Calculators coming soon!
| Average mortgage rates and points in the top 10 markets |
|
Fixed 15-year |
Fixed 30-year |
5-year ARM |
| Market |
Rate |
Points |
Rate |
Points |
Rate |
Points |
| New York Metro |
4.85 |
0.27 |
5.62 |
0.31 |
5.50 |
0.43 |
| Los Angeles |
5.30 |
0.25 |
5.87 |
0.13 |
4.94 |
0.25 |
| Chicago |
4.96 |
0.21 |
5.60 |
0.31 |
5.26 |
0.58 |
| San Francisco |
4.90 |
0.33 |
5.60 |
0.25 |
4.48 |
0.28 |
| Philadelphia |
4.83 |
0.30 |
5.56 |
0.31 |
5.14 |
0.38 |
| Detroit |
4.85 |
0.35 |
5.48 |
0.33 |
5.26 |
0.10 |
| Boston |
4.75 |
0.19 |
5.43 |
0.19 |
4.71 |
0.16 |
| Houston |
5.03 |
0.88 |
5.78 |
0.86 |
4.79 |
0.33 |
| Dallas |
4.72 |
0.63 |
5.44 |
0.86 |
4.65 |
0.67 |
| DC Metro |
4.62 |
0.85 |
5.27 |
0.82 |
4.56 |
0.72 |
| Brm National Index |
4.88 |
0.42 |
5.56 |
0.44 |
4.95 |
0.41 |
|
Average mortgage rates and points as of survey date 8/4/2009. This data comes from the Wednesday survey of the largest institutions in the country.
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