New York Mortgage Rates

New York Mortgage Rates

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New York Mortgage Rates

Mortgage Rates
The Lowest Mortgage Rate: 30 Year-5.07%, 15 Year-4.70%Request Info

New York Mortgage Rates as of 01/06/09

PRODUCTRATE CHANGE
30 Year Fixed5.25%0.00%
15 Year Fixed4.88%0.00%
5/1 ARM5.25%-0.92%
5/1 Jumbo ARM5.63%-0.79%
Loans
lenders

Before applying for mortgage loans or mortgage refinance, you should always remember that New York state mortgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortgage rates for New York state before applying for a new mortgage or refinancing your current mortgage. Above you will find today's mortgage rates for the most popular mortgage products available in New York state. These rates are based on New York state mortgage companies poll for their mortgage products offers and are updated daily. These mortgage rates, as well as the list of New York mortgage companies with their current mortgage offerings, should give you a good starting point for your research.



Mortgage industry news

Study: Minorities likely to pay high mortgage rates
San Jose Mercury News - CHARLOTTE, N.C. - Black and Hispanic home buyers are more likely to pay high mortgage rates than white borrowers with similar credit ratings and income levels, an advocacy grou (full story)
CLU, ChFC
Salem News Online - At some point in time, most people who purchase a home will have to make a decision on which type of mortgage is best for them. When choosing a mortgage you need to consider how lo (full story)
On the Heels of Fed Chairman Bernanke's Comments on Rising Interest Rates, SMR Financial Introduces 'Mortgage Recession
As interest rates continue to climb in light of the Federal Reserve's 16th consecutive rate hike, the mortgage industry is headed for a "Mortgage Recession" unlike anything seen in previous periods. (full story)
Higher rates may not hurt housing
Inland Valley Daily Bulletin - Mortgage rates are still climbing, but that may not be enough to significantly change the housing market. That's the word after a survey by Freddie Mac and bankrate.com (full story)
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