A look at what mortgage rates you can expect from five top national lenders. April 21, 2004: 4:45 PM EDT
Mortgage Rates
30 yr fixed mtg
5.03%
15 yr fixed mtg
4.51%
30 yr fixed jumbo mtg
5.86%
5/1 ARM
4.38%
5/1 jumbo ARM
4.89%
NEW YORK (CNN/Money) - Consumer mortgage rates ticked higher for the week ended April 20, with the average rate for a 30-year fixed mortgage rising to 6.03 percent from 5.91 the week prior.
According to Informa Research Services, the average rate for 30-year fixed mortgages stood at 5.59 percent the week ended March 23, roughly one month ago.
Rates for 15-year mortgages rose to 5.36 percent, up 5.24 the previous week, while adjustable rate mortgages (ARMs) advanced to 4.14 percent from 4.03 percent just last week.
Below are the rates for three key mortgage products from five top national mortgage lenders. You can compare rates from more institutions with the rate-search tools above.
