Mortgage Rate Update - A Look At Current New York Mortgage Rates

Mortgage rates have been holding pace at the extremely low levels we've been seeing for some time now. If you've been holding off on that home purchase or refinance it's a great time to check into mortgage rates. If you're wondering what today's pricing is for your part of the country is you can find out at ForTheBestRate.com. You can also use the mortgage payment calculator on the site to see what that rate means for your monthly housing expenses.

Here is a look at New York mortgage rates advertised on ForTheBestRate.com August 3rd, 2011. Keep in mind that rates can change at any time. Please visit the site to view the criteria used in the survey and for contact information for the mortgage companies listed.

30 Year Fixed Rate Loan (0 Points)
Quicken Loans - 4.375% Note Rate, $2303 Fees in APR, 4.473% APR
Lending Tree Loans - 4.875% Note Rate, $1500 Fees in APR, 4.941% APR
Guaranteed Rate - 4.250% Note Rate, $1100 Fees in APR, 4.297% APR

15 Year Fixed Rate Loan
Quicken Loans - 3.375% Note Rate, 1.5 Points, $1553 Fees, 3.711% APR
Lending Tree Loans - 3.375% Note Rate, 3.75 Points, $1500 Fees, 4.049% APR
Guaranteed Rate - 3.625% Note Rate, 0 Points, $1100 Fees, 3.706% APR