May. 4, 2008 - Mortgage Interest rates for the week of April 24 - May 1
May 1, 2008
30-yr 6.06 15-yr 5.59% 5-yr ARM 5.73 1-yr ARM 5.29
April 24th, 2008
30-yr 6.03 15-yr 5.62% 5-yr ARM 5.68 1-yr ARM 5.29
April 17th, 2008
30-yr 5.88 15-yr 5.40% 5-yr ARM 5.48 1-yr ARM 5.10
April 10th, 2008
30-yr 5.88 15-yr 5.42% 5-yr ARM 5.56 1-yr ARM 5.19
Not much changed with mortgage rates over the last week. 30 Year and 5 Year ARM's went up a tad and 15 Year Mortgages came down a bit. These rates were collected right before the FED cut interest rates they might fall a little more.
So lets see what these rates would mean for a 200k loan. Using our free mortgage calculator.
April 24th, 2008
30-yr $1202.96
15-yr $1646.93
5-yr ARM $1158.26
1-yr ARM $1085.89
May 1st, 2008
30-yr $1206.82
15-yr $1643.73
5-yr ARM $1164.60
1-yr ARM $1085.89
Ki is a realtor in Austin. He runs a site about Austin Texas real estate which hosts a free search of the Austin Homes along with a Austin real estate blog.
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