Saturday, April 24, 2010

Average Rates for April 24, 2010

Here is an update on the average mortgage rates for Saturday, April 24, 2010. All of these average rates also have points associated with them averaging out to around 1 points per loan. For more information about points and rates please visit our mortgage info section.

30 Year Fixed = 4.93%
20 Year Fixed = 4.83%
15 Year Fixed = 4.36%
3/1 ARM = 3.69%
5/1 ARM = 3.65%
7/1 ARM = 3.92%
10/1 ARM = 4.42%
Home Equity Loan - 10 Year = 4.09%
Home Equity Loan - 15 Year = 4.75%

Prime Rate = 3.25%
1 Year T-Bill = .400%
6 Month LIBOR = .418%
12 Month LIBOR = .963%

*These rates are based on current lender averages and do not reflect official market values and depend entirely upon the borrowers specific fiscal situation.



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