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"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."
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∙ 12y ago
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How are jumbo mortgage rates different than conventional mortgage rates?
Jumbo mortgage rates are generally 0.25-0.50% higher than conventional mortgage rates. Jumbo loans are a higher risk for lenders and therefore are charged higher interest rates to offset that risk, in the event of default.
Is there a difference between jumbo mortgage rates and the rates of a conventional mortgage?
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.
What are the average California mortgage rates?
If people looking to review mortgage rates on the California mortgage site were to look for an average rate it would be an average 3.900 based upon the figures available.
What are some good mortgage rates for the Colorado Springs area?
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).
Where can one find average mortgage rates in CA?
In California, one can find average mortgage rates when one goes to the site of Zillow dot com. On this site, one can see all the rates listed and work out the average mortgage rates.
How are jumbo mortgage rates different than conventional mortgage rates?
Jumbo mortgage rates are generally 0.25-0.50% higher than conventional mortgage rates. Jumbo loans are a higher risk for lenders and therefore are charged higher interest rates to offset that risk, in the event of default.
Is there a difference between jumbo mortgage rates and the rates of a conventional mortgage?
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.
What are the average California mortgage rates?
If people looking to review mortgage rates on the California mortgage site were to look for an average rate it would be an average 3.900 based upon the figures available.
What are some good mortgage rates for the Colorado Springs area?
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).
What state has the lowest mortgage rates in the United States?
The state that has the lowest mortgage rates in the United States should be in the middle of the United States. Larger cities tend to have higher mortgage rates.
What is the average California mortgage rate?
The California rates seem to follow the national rates for home mortgages, meaning that they fall in general between 2.5% and 5.5% as starting interest rates. If you are deciding to mortgage your home, you should make sure to read the contract to make sure that the rate will not jump suddenly and the penalties for missing payments.
Where can one find average mortgage rates in CA?
In California, one can find average mortgage rates when one goes to the site of Zillow dot com. On this site, one can see all the rates listed and work out the average mortgage rates.
What are the interest rates of a 2nd mortgage compared to a first mortgage?
Interest rates on a second mortgage are higher on average than the rates for your first mortgage. Make sure you research what your second mortgage will be before agreeing to one, as there are many factors to consider that can change your payment plans.
Where can one find current mortgage rates in California?
One can find the current mortgage rates in California at various places around the web, newspaper, or on the news. The best place to find this information out is on the news.
Where can I find current mortgage refinance rates in California?
There are various websites where one can learn about current mortgage refinance rates in California. Some examples of these websites would be Quicken Loans, Zillow, and Erate.
What range of interest rates are most common for a reverse mortgage?
They are usually higher than a regular mortgage. In December 2014 the average rates for a reverse mortgage were about 5% fixed and 4% adjustable.
What mortgage refinance rates are available in the state of California?
Mortgage refinance rates have dropped to an all-time low in California, with one being able to get a fixed loan for 2.63%, which is 2.96% APR. Most loan officers predict rates will soon start to rise.
