Rates continue to remain low- I was happy to see that my mortgage recently reset to a monthly payment $200 lower!
Here are this week’s mortgage rates for this area:
| Mortgage Rates for NY | ||
| Product | Interest Rates | Annual Percentage Rate |
| 15 YR Fixed Conforming | 4.000% | 4.139% |
| 15 YR Fixed Jumbo | 4.750% | 4.948% |
| 30 YR Fixed Conforming | 4.625% | 4.773% |
| 30 YR Fixed High Conforming | 4.750% | 4.900% |
| 30 YR Fixed Jumbo | 5.500% | 5.668% |
| 30 YR Fixed Super Jumbo | 5.750% | 5.921% |
| 5/1 YR ARM Conforming | 3.250% | 3.346% |
| 5/1 YR ARM Jumbo | 4.375% | 3.627% |
| 5/1 YR Portfolio Arm | 4.375% | 3.627% |
Last Updated On: Tuesday, May 25, 2010
The rates and APR above are based upon the following assumptions: a 20% down payment, $1,500 in finance charges, and 30 days prepaid interest, 1 point, and a 30 day rate lock. The rates and APR will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. Property taxes and homeowners insurance are estimates and subject to change.
Loan Broker 20051919LB – NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535
William Raveis Mortgage, LLC is a licensed, full-service Mortgage Banker/Broker (View our licenses)
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Tags: NY Mortgage Rates, Rye Mortgage, William Raveis Mortgage
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