Record Setting Day for Mortgage Rates

Mortgage rates fell today for the first time ever below 4.0%.

And thanks to the Fed and their new plan to sell off short term securities in exchange for purchasing longer term ones – a move that effectively lowers both long term mortgage rates and savings rates – mortgage rates could fall even further.

So if you happen to be in the market for a new home loan or are contemplating refinancing your Read more…

Arizona Central Credit Union’s Mortgage Rates and Review

Arizona Central Credit Union operates 11 full-service branches with offices in Phoenix, Tucson, Glendale, Chandler, Tempe, Flagstaff and Show Low. In addition, the credit union is part of the CU Service Centers Network, which provides account access at more than 6,500 credit union branches and kiosks nationwide. Members also have access to more than 37,000 surcharge-free ATMs through the Allpoint Network.

Currently they are offering mortgage rates with APR’s lower than the Read more…

Indianapolis, IN Mortgage Rates – This week’s lowest offers

After scouring the mortgage rate pages of various banks and credit unions serving the state of Indiana and more specifically the city of Indianapolis, we’ve compiled a list of the the 5 lowest mortgage rates offered in the city. The rates below are assuming a 30 year fixed rate mortgages as well as a loan amount of $417,000 or below. The banks may, however also offer 15 year fixed rate mortgages, Read more…

VirtualBank Mortgage Rates and Review(s)

Virtual Bank, the online bank based out of Palm Beach, Florida, offers a relatively narrow focus of home loan and mortgage products to customers throughout the country. They offer both fixed rate mortgages and adjustable rate mortgages (for purchase or refinancing) and currently advertise APRs under 5%. Their home loan product line consists of (but may not be limited to): fixed rate home loans, ARMs (adjustable rate mortgages), jumbo mortgages, and Read more…

Zions Bank Mortgage Review(s) and Interest Rates

Zions Bank, based out of Salt Lake City, Utah, offers a wide selection of mortgage products withAPR’s and interest rates frequently advertised below current national averages. Their selection of mortgage products include (but are not limited to): fixed rate mortgages, adjustable rate mortgages, interest only home loans, VA mortgages, FHA mortgages, mortgage refinancing, as well as specific loans for a number of different housing categories (condos, single family homes, secodary homes, Read more…