TODAYS NATIONAL MORTGAGE RATES

Important! Please Read:

Some of the interest rates shown in this table are national averages. Interest rates can very regionallyor by state throughout the country. Some rates depicted may be the best rates available, and will only be offered to the most well-qualified borrowers. Most rates assume down payments and do not reflect zero down programs.

Rates for zero down, interest only programs:

While 100% interest only loan programs do exist for zero down, interest only purchases, the vast majority of zero down programs are 80%/20% or 70%/30% "combo" loans. Usually, the larger of the two loans used to achieve 100% financing is an ARM. The smaller loan is usually a fixed rate loan. The interest rates for the two loans are not the same. The smaller, fixed rate loan can be 2-3% higher than the first loan, and the rate for this loan is determinedby the specific lender. For these reasons, it's not possible to publish rates for zero down, interest only loans. Accurate rates can only be determined through the preapproval process.