Current Residential Mortgage Rates as of November 18, 2014

Mortgage Rates

Term Rate
6 months 3.95%
1 Year 2.89%
2 Year 2.34%
3 Year 2.79%
4 Year 2.77%
5 Year 2.79%* or 2.89%**
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%

* = CHMC Insured

** = Conventional

Courtesy of John Chrisanthidis, Mortgage Intelligence