|
OUR
RATES TODAY |
|||
| Rate |
Points |
APR |
|
| 30 Fixed |
NA
|
0 |
NA
|
| 15 Fixed |
NA
|
0 |
NA
|
| 5/1 ARM |
NA
|
0 |
NA
|
| 1yr ARM |
6.0
|
0 |
6.02
|
| Our
rates are updated every 15 minutes. Next
update in min. |
|||
| More
Rates >> |
|||
|
NATIONAL
AVERAGES |
||||
|
Rate |
Points |
|||
|
30 Fixed |
6.18
|
0.4
|
||
|
15 Fixed |
5.93
|
0.4
|
||
|
5/1 ARM |
5.98
|
0.5
|
||
|
1yr ARM |
5.47
|
0.6
|
||
| Current national averages as |
||||
Source:
Freddie
Mac |
||||
government loan (mortgage)
A mortgage that is insured by the Federal Housing Administration (FHA) or
guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing
Service (RHS). Mortgages that are not government loans are classified as
conventional loans.
Government National Mortgage Association (Ginnie Mae)
A government-owned corporation within the U.S. Department of Housing and
Urban Development (HUD). Created by Congress on September 1, 1968, GNMA
performs the same role as Fannie Mae and Freddie Mac in providing funds
to lenders for making home loans. The difference is that Ginnie Mae provides
funds for government loans (FHA and VA)
grantee
The person to whom an interest in real property is conveyed.
grantor
The person conveying an interest in real property.