Current Residential Mortgage Rates – As of May 29, 2013
Term | Rate |
6 months | 3.95% |
1 Year | 2.74% |
2 Year | 2.69% |
3 Year | 2.55% |
4 Year | 2.99% |
5 Year | 2.74% |
7 Year | 3.49% |
10 Year | 3.64% |
Prime = 3.00%
Variable Closed (5 yr) = Prime minus 0.60% = 2.40%
Variable Open = Prime plus 0.80% = 3.80%
Courtesy of John Chrisanthidis, Mortgage Intelligence