Today's Mortgage Rates on ForTheBestRate.com

Ready to kick off the week? We are. Let's hope that mortgage rates reverse course and head back down. Last week Freddie Mac's mortgage market survey indicated that the fixed and adjustable interest rates for all products in their survey inched higher. Overall rates continue to remain very low. Here is what we are looking at today from the lenders and brokers on ForTheBestRate.com.

Parameters used in the survey:
Purchase, $200K loan, 80% LTV, single family stick built home, primary residence, 740+ credit, in NC (other terms and conditions may apply so be sure to speak with the various lenders and brokers for more information). Additional Disclaimer


30 Yr Interest Rates:
Quicken Loans                   4.975% APR, 4.750% Note Rate, 1.750 pts, $1,600 fees
Gateway Bank Mortgage   4.701% APR, 4.500% Note Rate, 1.875 pts, $875 fees
PREO Mortgage                4.771% APR, 4.750% Note Rate, 0 pts, $490 fees

20 Yr Interest Rates:
Quicken Loans                  4.708% APR, 4.375% Note Rate, 2 pts, $1,600 fees
EverBank                          4.781% APR, 4.625% Note Rate, .99 pts, $647 fees
Nat'l Mortgage Alliance   4.259% APR, 4.250% Note Rate, 0 pts, $150 fees

15 Yr Interest Rates:
Quicken Loans                   4.392% APR, 3.990% Note Rate, 1.875 pts, $1,600 fees
Gateway Bank Mortgage   4.057% APR, 3.750% Note Rate, 1.625 pts, $875 fees
Amerisave                          4.294% APR, 4.250% Note Rate, 0 pts, $585 fees

10 Yr Interest Rates:
Quicken Loans                   4.052% APR, 3.750% Note Rate, 0 pts, $2,819 fees
Gateway Bank Mortgage   3.762% APR, 3.375% Note Rate, 1.375 pts, $875 fees
PREO Mortgage                4.178% APR, 4.125% Note Rate, 0 pts, $490 fees

7 Year ARM Rates:
ING Direct               3.551% APR, 3.750% Note Rate, 0 pts, $470 fees
EverBank                 3.571% APR, 3.500% Note Rate, .55 pts, $647 fees
Nat'l Mortgage Alliance 3.322% APR, 3.250% Note Rate, 0 pts, $1,800 fees

5 Year ARM Rates:
Quicken Loans          3.837% APR, 3.750% Note Rate, 0 pts, $2,121 fees in APR
EverBank                  3.070% APR, 3.000% Note Rate, .566 pts, $647 fees in APR
ING Direct                 3.403% APR, 3.500% Note Rate, 0 pts, $470 fees in APR

3 Year ARM Rates:
PREO Mortgage          3.645% APR, 3.625% Note Rate, 0 pts, $490 fees
Nat'l Mortgage Alliance 4.073% APR, 4.000% Note Rate, 0 pts, $1,750 fees

For more information on rates and programs, visit ForTheBestRate.com. Rates change daily and may reprice during the day. Contact a mortgage professional for up-to-the-minute pricing. Please note that the fees in the survey only include fees in the APR (not any additional third party expenses).