Current Residential Mortgage Rates as of August 13, 2013
Term | Rate |
6 months | 3.95% |
1 Year | 2.89% |
2 Year | 2.89% |
3 Year | 2.99% |
4 Year | 3.29% |
5 Year | 3.19% |
7 Year | 3.79% |
10 Year | 3.99% |
Prime = 3.00%
Variable Closed (5 yr) = Prime minus 0.50% = 2.50%
Variable Open = Prime plus 0.80% = 3.80%
Courtesy of John Chrisanthidis, Mortgage Intelligence