Little Change This Week...
Not much movement with interest rates this week. Some lenders have lowered their 1-5 year fixed rates over the last couple weeks, making the fixed option a little more desirable then it previously was. Also a great time to get yourself pre-approved and lock in these lower 5 years fixed rates. Rate holds are good for up to 120 days, which gives people time to shop around while holding on to yesterdays low rates. Variable Clients…...Still a great time to keep floating!
Bank Prime Rate 2.25%
|
Term |
Best |
Bank Posted |
|
1 year |
2.64% |
4.35% |
|
3 year |
3.75% |
4.60% |
|
5 year |
4.19% |
6.10%5 |
|
10 year |
5.25% |
7.05% |
|
25 year |
9.30% |
9.65% |
Bold numbers denote change from last posted rates.
Variable mortgage from Less Than Prime...TODAY at 1.90%!
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