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Interest Rates
Updated:
Mortgage Loans
30 Year Fixed Rate
 5.77%6.30% APR
15 Year Fixed Rate
 5.77%6.30% APR
7/1 ARM Rate
 -0.12%-0.12% APR
5/1 ARM Rate
 -0.09%-0.09% APR
3/1 ARM Rate
 5.91%5.79% APR
1/1 ARM Rate
 5.79%5.82% APR
6 Month ARM Rate
 5.83%5.86% APR
Interest Only
 5.94%6.47% APR
Calculator
Loans Online
Loans Direct
30 Year Fixed Jumbo
 5.64%5.64% APR
15 Year Fixed Jumbo
 5.64%5.64% APR
7/1 ARM Jumbo
 NaN.00%NaN.00% APR
5/1 ARM Jumbo
 NaN.00%NaN.00% APR
3/1 ARM Jumbo
 NaN.00%NaN.00% APR
1/1 ARM Jumbo
 5.91%5.91% APR
6 Month ARM Jumbo
 5.95%5.95% APR
30 Year Interest Only
 5.94%6.47% APR
FHA 30 Year Fixed
 0.00%0.00% APR
FHA 1/1 ARM
 0.00%0.00% APR
VA 30 Year Fixed
 0.00%0.00% APR
40 Year Mortgage
 5.94%6.47% APR
Prime Rate
 8.25% 
Fed Discount rate
 6.25% 
Calculators
Our Approved Loan Companies offer interest rates below the national average and have a variety of loans, such as interest only, equity loans, no money down loans, and loans for bad credit to meet your needs.
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Rate Averages
   
 
 
Mortgage Interest Rates
 

The Federal Open Market Committee decided today to raise its target for the Federal Funds rate by 25 basis points to 5.25 percent. This is the 17th consecutive increase since mid-2004.

"The Fed's statement saying that '...economic growth is moderating' reversed the more conditional statements of the past," said Bob Walters, chief economist of Loans.

"The Fed's acknowledgement that the 17 rate increases are having their desired effect, and new language that allows them the possibility of pausing their rate increases when they next meet in August, was cheered by the markets. Immediately following the announcement, long-term interest rates have fallen and the stock market is rising," he continued.

"While the Fed is still concerned about energy prices and the high demand for other resources, they noted that their current view on inflation is that it is contained. While the Fed didn't assert that they are done with future rate increases, this was the most positive statement since the rate increases began in 2004," Walters concluded.