Residential Mortgage Rates as of August 28, 2015

Term Fixed Closed Rate
6 months 3.95%
1 Year 2.29%
2 Year 2.19%
3 Year 2.34%
4 Year 2.49%
5 Year  2.49%
7 Year 3.44%
10 Year 3.89%

Prime = 2.70%

Variable Closed (5 yr) = Prime minus 0.70% = 2.00%

Variable Open = Prime plus 0.80% = 3.50%

Secured Credit Lines = Prime

 

Courtesy of John Chrisanthidis, Mortgage Intelligence