Blog by Jody Copple

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Mortgage Rate Update

Here are the latest rates for residential mortgages courtesy of Michael Friedman with Origin:   mfriedman@shawcable.com

 

 

Michael Friedman Best Interest Rates as of - Nov 03, 2009

The table below compares ORIGIN mortgage rates with those of current mortgage lenders.

 

 Terms

Posted Rates

ORIGIN Rates

 6 Mo

4.65%

4.60%

 1 Yr

4.55%

2.25%

 2 Yr

4.35%

3.15%

 3 Yr

4.75%

3.55%

 4 Yr

5.30%

3.90%

 5 Yr

5.84%

4.09%

 7 Yr

6.60%

5.30%

 10 Yr

6.95%

5.40%

   

 

 

Current Prime Rate

2.25%

ORIGIN Variable Rate Mortgage

2.25%



ORIGIN
rates represent the typical discounted rate available to borrowers with strong credit, qualifying income and assets, on conventional real property that meets lending value requirements. This data is for information purposes only and should not be relied upon without verification by contacting your ORIGIN Mortgage Advisor. Rates are subject to change without notice, are compounded semi-annually and not in advance. In unusual circumstances lender or broker fees may apply.  E&OE.