Archive for the ‘weekly mortgage rate pulse’ Category

How low are mortgage rates? Check our weekly Rate Pulse

Thursday, June 17th, 2010

Starting this week, LendingTree’s number crunchers are sharing the lowest and average mortgage rates available within our network of lenders.

You can find our every Wednesday. On June 15, for example, lenders on the LendingTree network offered rates as low as 4.375 percent (4.48% APR) for a 30-year fixed mortgage, 3.75 percent (3.93% APR) for a 15-year fixed mortgage and 3.25 percent (3.35% APR) for a 5/1 (ARM).

For this same June 15 time period, the Weekly Mortgage Rate Pulse found the overall average rate offered by lenders on the LendingTree network to be 4.825 percent (5.03% APR) for 30-year fixed mortgages, 4.22 percent (4.47% APR) for 15-year fixed mortgages and 3.775 percent (3.90% APR) for 5/1 ARMs. Keep in mind when looking at the average rates that some people are getting higher or lower rates based on their credit scores, , and other factors that lenders use to determine your individual rate.

Find out what rate you can get through LendingTree’s customized loan offers for a  or to .

To read the full press release on the Weekly Mortgage Pulse Rate, please go to this .

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