Compare Rockland Mortgage Rates and Save!
Maine Mortgage Rates 07/06/2008
| Loan Type | Today | +/- | This week |
|---|---|---|---|
| 30 Yr Fixed | 6.14% |
|
-0.03 |
| 15 Yr Fixed | 5.85% |
|
-0.08 |
| 3/1 ARM | 5.29% |
|
-0.12 |
| 5/1 ARM | 5.65% |
|
-0.04 |
| 30 Yr Fixed Jumbo | 6.58% |
|
-0.01 |
Rates may contain points
Conforming
For loan amounts up to $417,000 (APR based on $400,000)
Jumbo
For loan amounts over $417,000 (APR based on $500,000)
Interest Only (Conforming)
Interest only for first few years then adjustable for remaining term on loan amounts up to $417,000 (APR based on $400,000)
Interest Only (Non-Conforming)
Interest only for first few years then adjustable for remaining term on loan amounts over $417,000 (APR based on $500,000)
VA
Loans for Veterans up to $417,000 (APR based on $200,000)
FHA
Loan limits vary by state (APR based on $150,000)
Reduced Documentation Loans
Often used for self employed or others in lieu of tax returns and other income documentation. (APR based on $200,000)
Mortgage Calculator
Mortgage Stories
Quick Mortgage Tips - Five Tips to Help You keep Your Sanity
Shopping for a mortgage should be approached just as seriously as shopping for a car. When you purchase a new car... »
Using a Home Equity Line of Credit for College Tuition
As college tuition continues to rise faster than the rate of inflation, consumers need to investigate all... »
Using a Home Equity Line of Credit to Reduce Debt
If you own a home, your accrued equity may be an excellent resource to help with the reduction of your personal debt... »
Time to Refinance Your Adjustable Rate Mortgage?
As interest rates rise, it's hard to predict how high variable rates will go. If you have an adjustable-rate... »
