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Current Mortgage Rates

Loretta Said:

Is there a good web site that shows me how the most current mortgage interest rates are?

We Answered:

www.zillow.com gives you average rates as reported by lenders nationwide. I found it to be an excellent indicator of what rate you can get and when.

Click on the "Mortgages" tab at the top, followed by the "Mortgage Rates & Charts" tab on the right. Trends for 30- and 15-yr fixed, and 5/1 ARM are tracked by latest day, week, month and three-month. Latest day rates are updated hourly. Be sure to click the "quote volume" checkbox, as the higher quote volumes are more indicative of higher reliability of the current rate.

Accept no substitutes.

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Brett Said:

what are the current mortgage interest rates?

We Answered:

try

http://www.bankrate.com

Angel Said:

What are current calgary mortgage rates at?

We Answered:

On the fixed rates here are the average rates as of today - they are always changing!

1 year - 3.25%
2 year - 3.90%
3 year - 3.85%
4 year - 4.10%
5 year - 4.15%
10 year - 5.25%

And I know you said that you were asking about the fixed rates but just for info that variable rate is prime 2.5 + .8 (3.30) which is common right now.

Check out www.mortgagebrokerate.com if you want to keep up with the current mortgage rates for calgary, alberta and canada.

Vernon Said:

How do I find out the current mortgage rates in the market?

We Answered:

Rates change daily - whatever data you get today may very well be invalid tomorrow. If your lender is offering you a rate, that is the rate they are offering - you can compare rates by calling around to other lenders or as has been said, go to bankrate.com - however, the rates on bankrate.com are generally only good for the highest rated borrowers - your rates may vary depending on your credit standing. And no, there is no government agency that publishes these rates.

Janet Said:

What are the current mortgage rates like and are there any signs of the mortgage rates changing soon?

We Answered:

There is no such thing as a standard rate as there was 20 and 30 years ago. The rate you get depends on your credit rating, the type of loan you want, the down payment you put down, the points you pay up front to buy the rate down and other things.

The very best thing you can do is ask friends and family that have gotten mortgages recently and is happy with the service. Even large mortgage companies have crooks working for them- use someone local, competent, and recommended. The rates are very similar between companies because they are all getting their money form the same source.
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I think that rates will remain low for a while. But when we start recovering from this recession I think inflation will jump quickly and the mortgage rates will also.

Terry Said:

Where can you go to see the current mortgage rates?

We Answered:

I was gonna say that...it's a great site. Bankrate.com

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