Today’s Low Mortgage Rates: 7/5/19

Today’s Low Mortgage Rates: 7/5/19 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 – 3.75% (APR 3.787%) 20 Year Fixed – 3.50% (APR 3.551%) 15 Year Fixed – 3.125% (APR 3.220%) 10 Year Fixed – 3.125% (APR 3.219%) High Balance - $484,351 to $726,525 – Fixed Rate 30 Year Fixed – 4.00% (APR 4.017%) 20 Year Fixed – 3.75% (APR 3.773%) 15 Year Fixed – 3.25% (APR 3.279%) 10 Year Fixed – 3.125% (APR 3.153%) Jumbo - Over $726,525 – Fixed Rate 30 Year Fixed – 4.125% (APR 4.142%) 15 Year Fixed – 4.25% (APR 4.279%) 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.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.