The average price for a house in Colorado is substantially higher than that of the average for the entire United States. Some of the available mortgages in Colorado include fixed rate mortgages, adjustable rate mortgages and home equity loans. The average for a 30 year fixed mortgage is 3.65% while a home equity loan will usually have an introductory rate for 12 months of around 2% APR.
At this time typical mortgage rates are around 4.465% for a 30 year fixed loan. Though as we all know can vary depending on location and credit rating.
Mortgage rates vary by state. One of the best rates I have seen is a 2.37 15 year fixed rate.
Some of the good mortgage rates for colorado springs area range from 3.5-5%. This depends on the current market and because housing market has been erratic, so has been mortgage rates. Therefore check business newspapers for rates, and you whould get an idea what rate to look for in Colorado springs (or any area).
The mortgage rates you pay are defined by what type of mortgage you have. If you have a fixed rate mortgage, you'll pay the interest rate which existed when you signed the deal. A tracker rate mortgage will track to the current base rate in the economy.
The typical mortgage price in the Jacksonville area is about six hundred to seven hundred. Interest rates are about are about four point zero and that is relatively good.
"As of August 28, 2001 mortgage rates in Colorado are averaging 3.81% for for a fixed 15 year loan, 4.44% for a fixed 30 year loan, and 3.25 for a 5/1 ARM. In California they are running 3.65%, 4.22%, and 3.20% respectively. So it seems mortgage rates are slightly lower in California at this time."
The typical refinance rates in San Antonio varies from which mortgage company or lender you use. The best way to find out is to call around and ask what their rates are and compare them with other companies.
Mortgage rates can change as quickly as the stock market, so generally it more of a when than where. Some companies with lower overhead, like mortgage brokers, can offer lower rates than your typical banks, but you have to shop around to find you best deal. A great place to start it so search online for sites that show current mortgage rates, like www.currentmortgageratez.com.
Typical interest rate for a commercial mortgage is 13% compared to a scope of 1-3% interest rate on a residental mortgage. Also it is very hard to obtain a commercial mortgage less than 100,000$. In the bottom line, one can conclude that commercial mortgage are normally higher than residental.
To prepare your finances in order to start refinancing, its important to make sure that the current mortgage contract will not have any penalties or charges for cancelling that loan. Current refinancing rates are 4.33 percent for a 30 year mortgage and 3.56 percent for a 15 year.
"Across the country, mortgage rates are falling
A jumbo mortgage is a loan larger than the conventional mortgage limits. The rates of jumbo mortgages is typically 0.25% to 0.5% higher than traditional mortgage rates.