Today’s Low Mortgage Rates: 5/6/19

Today’s Low Mortgage Rates:  5/6/19

Robert Reid (NMLS 7848) - Call 516-747-2500

Email: reid@gardencitymortgage.com

WWW.GARDENCITYMORTGAGE.COM

 

Conventional - $125,000  to  $484,350 – Fixed Rate

30 Year Fixed – 4.00% (APR 4.037%)

20 Year Fixed – 3.875% (APR 3.926%)

15 Year Fixed – 3.50% (APR 3.595%)

10 Year Fixed – 3.375% (APR 3.469%)

 

High Balance - $484,351  to  $726,525 – Fixed Rate

30 Year Fixed – 4.18% (APR 4.197%)

20 Year Fixed – 4.00% (APR 4.023%)

15 Year Fixed – 3.625% (APR 3.654%)

10 Year Fixed – 3.625% (APR 3.653%)

                                                                               

Jumbo  - Over  $726,525 – Fixed Rate

30 Year Fixed – 4.50% (APR 4.517%)

15 Year Fixed – 4.375% (APR 4.404%)

 

FHA – $125,000 to $484,350 – Fixed Rate

30 Year Fixed – 3.50% (APR 3.537%)

20 Year Fixed – 3.50% (APR 3.551%)

15 Year Fixed – 3.50% (APR 3.595%)

10 Year Fixed – 3.50% (APR 3.594%)

 

FHA – $484,351 to $726,525 – Fixed Rate

30 Year Fixed – 3.625% (APR 3.642%)

15 Year Fixed – 3.75% (APR 3.779%)

 

VA – $125,000 to $484,350 – Fixed Rate

30 Year Fixed – 3.50% (APR 3.537%)

20 Year Fixed – 3.625% (APR 3.676%)

15 Year Fixed – 3.625% (APR 3.719%)

10 Year Fixed – 3.625% (APR 3.719%)

 

VA – $484,351 to $1,500,000 – Fixed Rate

30 Year Fixed – 3.75% (APR 3.767%)

15 Year Fixed – 3.75% (APR 3.779%)

 

 

You can get lower rates by paying points.

Call for our low adjustable rate mortgages.

 

Average Rate Of 30 Year Fixed Rate Mortgage

Last 10 Years = 5.72%

Last 20 Years = 6.52%

Last 30 Years = 7.45%

Last 40 Years = 8.15%

 

Historic High Rate = 18.63% (1981)

Historic Low Rate = 3.25% (2016)

 

Garden City Mortgage (NMLS # 7052)

170 Tullamore Road Garden City, NY 11530

Registered Mortgage Broker-NYS Dept of Financial Services

All mortgages arranged with third party providers

Call: 516-747-2500 / Fax: 516-747-9338

WWW.GARDENCITYMORTGAGE.COM

We are open until 7 PM weekdays & weekends.

All rates are subject to change at any time.

Rates quoted are for 30 day rate locks.

Longer lock periods are available.