With rates in the 3s, and the possibility of even lower rates, a whole new world is opened up to those seeking home financing. But should mortgage consumers wait until then to lock in a rate? No.

Adjustable-Rate Mortgage: The initial payment on a 30-year $211,186 5-year Adjustable-Rate Loan at 3.75% and 79.1% loan-to-value (LTV) is $978.04 with 2.625 points due at closing. The Annual Percentage Rate (APR) is 4.495%. After the initial 5 years, the principal and interest payment is $1,030.56.

Consumers desire these loans if they plan to remain in their homes for the duration of the loan. For example, the consumer obtains a mortgage when interest rates are at their lowest and then interest rates rise. The consumer does not have to worry about their mortgage rates increasing because the interest rate is "fixed".

Mortgage loan interest rates posted to this site are for informational purposes only and are subject to change without notice. Please contact one of our Loan Officers for the most updated and accurate information regarding our mortgage loan interest rates.

When purchasing a home, shopping for the lowest mortgage rates is an essential strategy that can save you. Lender, Rate, APR, Monthly Payment, Details.

Agency ARM rates are based on a loan amount of $200,000, credit score of 740 and 20% down payment. Adjustable rate mortgages have interest rates which are subject to increase after consummation.

What's The Difference Between Your Interest Rate and APR (annual percentage rate) BECU is a not-for-profit credit union committed to the financial well-being of our members. We offer better rates, fewer fees and more affordable financial services to home buyers. 8 Easy Steps to Homebuying. For additional information about our home loan options, visit www.becuhomeloans.org or call a BECU mortgage representative at 800-233.

15 Year Rate Mortgage Mortgage rate drops in U.S. housing market – 30-year fixed-rate mortgage (FRM) in the united states dropped to 3.82 percent from previous week’s 3.99 percent. For the same period one year ago, the 30-year frm averaged 4.54 percent. Besides,Cheapest Fixed Rate Mortgages Educ Mortgages Home – Educ Mortgages | Fixed rate mortgage – Find cheapest fixed rate. With Property prices on the increase the good new is that you may get a much better rate of interest on your mortgage by switching your mortgage to a cheaper lender.

Get the latest mortgage rates for purchase or refinance from reputable lenders at realtor.com. Simply enter your home location, property value and loan amount to compare the best rates.

While interest rates are low, home prices in most parts of Virginia continue to climb. So, while mortgage rates are.

It’s time for another mortgage match-up: "Mortgage rate vs. APR." If you’re shopping for real estate or looking to refinance, and you’ve seen a certain mortgage rate advertised, you may have noticed a second, similar percentage adjacent to or below that interest rate, possibly in smaller, fine print.