New York Banking Rates

Best New York New Home Mortgage Rates – October 27, 2010

New York mortgage rates at are record lows.  If you’ve been interested in buying a home, now is the time.  Below is a compiled list of some of the best New York mortgage rates.  Browse through and see if you can find a deal that fits your budget.

State Mortgage Loan Rate: $300,000

First Hope Mortgages 30 Year fixed rate at 3.75% with an estimated monthly payment of $1,389
American Financial Resources 15 Year fixed rate at 3.5% with an estimated monthly payment of $2,145
AIG Bank 5/1 Year ARM at 3.75% with an estimated monthly payment of $1,389

State Home Loan Rate: $400,000

ING Direct 5/1 Year fixed ARM at 3.125% with an estimated monthly payment of $1,714
Quicken Loans 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,968
National Mortgage Alliance 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,968

State Home Mortgage Rate: $500,000

American Financial Resources 30 Year fixed rate at 4.125% with an estimated monthly payment of $2,423
First Hope Mortgages 20 Year fixed rate at 4.125% with an estimated monthly payment of $3,063
Guaranteed Rate 15 Year fixed rate at 4.75% with an estimated monthly payment of $3,889

New York mortgages don’t have to be difficult to find if you know where to look.

Mortgage rates accurate as of publishing date and based on a loan amount of $300,000, $400,000 and $500,000. Please see the financial institution about any changes and additional fees.