New York Morgage Rates

New York Morgage Rates
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New York Morgage Rates

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New York Morgage Rates as of 09/04/10
PRODUCTRATE CHANGE
5/1 ARM5.25%0.00%
5/1 Jumbo ARM5.63%0.00%

Before applying for morgage loans or morgage refinance, you should always remember that New York state morgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest morgage rates for New York state before applying for a new mortgage or refinancing your current morgage. Above you will find today's morgage rates for the most popular morgage products available in New York state. These rates are based on more than 200 New York state morgage companies poll for their morgage products and offers and are updated daily. These morgage rates, as well as the list of New York morgage companies with their current morgage offerings, should give you a good starting point for your morgage related search.


Morgage industry news

Exotic mortgages remain popular despite increasing risks
Marketwatch - Such loan innovations allow home buyers to put little money down and make low monthly payments. They've also poured fuel one of the hottest and longest housing booms in the nation's hist (full story)
And now for the 50-year mortgage
Winston-Salem Journal - When it comes to home mortgages, some people are thinking really long term by taking 40-year or 45-year - or even 50-year - loans. The attraction is lower monthly payments, whi (full story)
• Mortgage Rates Top 8% as seen by US Homeowners
Turks.US - U.S. homeowners observe mortgage rates have the potential to rise above 8% in the next year. However, they are not worried that higher rates and a slowing housing market will hurt the value (full story)
Inflation makes ARMs a bad deal
Belleville News-Democrat - With interest rates rising, fewer people are applying for new mortgages -- just as you'd expect. But here's a worrisome surprise: More of the applicants are seeking adjustab (full story)
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Home of "new york morgage rates "  new york morgage rates   9/4/2010 2:53 PM