Current Residential Mortgage Rates as of July 4, 2014
Term | Rate |
6 months | 3.95% |
1 Year | 2.89% |
2 Year | 2.34% |
3 Year | 2.79% |
4 Year | 2.77% |
5 Year | 2.84% |
7 Year | 3.79% |
10 Year | 4.39% |
Prime = 3.00%
Variable Closed (5 yr) = Prime minus 0.70% = 2.30%
Variable Open = Prime plus 0.80% = 3.80%
Courtesy of John Chrisanthidis, Mortgage Intelligence