New
York Mortgage Rates;
After experiencing phenomenal growth, the New York housing market growth appears to be slowing down. This is good news for home mortgage buyers as this is the perfect time to be entering into the market. It is also good news for home owners who are looking to refinance as the value of their homes have increased over the past few years. New York offers a huge variety of properties from loft apartments to suburban family homes. Make sure you shop arund for the mortgage deal which best suits your needs. Below is an example of some of the rates which are available.
For loans up $417,000
30 Yr Fixed : rates from 5.625% to 6.25%
15 Yr Fixed : rates from 5.5% to 6.375%
1 Yr ARM : rates from 1.25% to 6.75%
3/1 ARM : rates from 5.25% to 6.5%
5/1 ARM : rates from 5.375% to 6.5%
For loans above $417,000
30 Yr Fixed Jumbo : rates from 6% to 6.5%
15 Yr Fixed Jumbo : rates from 5.625% to 6.25%
1 Yr ARM Jumbo : rates from 1.25% to 6.5%
3/1 ARM Jumbo : rates from 5.625% to 6.8%
5/1 ARM Jumbo : rates from 5.7% to 6.6%
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Looking for a mortgage in one of New York's major cities? Click any of the cities below for more mortgage information.
Major New York
Cities;
Albany
Binghamton
Brooklyn
Buffalo
Long Island
Manhattan
Queens
Rochester
Staten Island
Syracuse
Watertown
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