Interest rates, a look back
We have gotten so spoiled by the current level of interest rates, I thought it might be instructive to post the interest rates from May 2006
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|
LOAN TYPE |
TODAY +/- |
LAST WEEK |
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|
30 yr fixed mtg |
6.21% |
6.20% |
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|
15 yr fixed mtg |
5.88% |
5.86% |
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|
5/1 ARM |
5.82% |
5.84% |
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|
30 yr fixed jumbo mtg |
6.42% |
6.41% |
|||||
|
5/1 jumbo ARM |
5.92% |
5.95% |
Source: bankrate.com Rates include 1 point fee
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