Sunday’s Rates For New Mortgages July 20th 2014 : Quicken Loans

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Quicken Loans now have 4.125% on 30-year fixed rate mortgages that carry a 4.367 APR. They are reporting that is a near record low. The 15-year fixed home mortgage rates are now at 3.75% and carry a 3.819 APR.

The 5 year ARM interest rates are sitting right at 2.875% and carry a 3.144% APR.

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Looking to Refinance your current home mortgage?

The refinance rate on a 30-year fixed rate mortgage currently at Quicken Loans is 4.125% with a 4.367% APR. They also offer a 15-year fixed rate home mortgage rate at 3.25% with a 3.669% APR. They have a refinance option as a 5-year ARM and the rate for that is 2.875% with a 3.027 APR.

Now is a good time to refinance your current mortgage or buy a home. The mortgage rates are still low and are expected to go up. Now might be the best time to lock in a good rate before the rates get back to how they were before.

Christian

Christian

Christian Calvin mortgage Christian is a contributing writer for Mortgage.info. He is a graduate from the University of Tennessee with a degree in Communications and a concentration in Broadcasting. Christian has served as vice-president for a privately-held company for more than 20 years. Additionally, he has also applied his writing and business knowledge to various websites with a focus on business and sports news . . . both of which are passions. Christian enjoys playing golf and spending time with his family and friends.

Contact: christian@mortgage.info
Christian

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