New Mexico Mortage Rates

New Mexico Mortage Rates

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New Mexico Mortage Rates

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New Mexico Mortage Rates as of 08/27/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.99%		0.00%
15 Year Fixed	5.59%		0.00%
30 Year Fixed Jumbo	6.51%		0.00%
15 Year Fixed Jumbo	6.15%		0.00%
5 Year Balloon	6.69%		0.00%
7 Year Balloon	6.50%		0.00%
1/1 ARM	5.71%		0.00%
3/1 ARM	5.54%		-0.02%
5/1 ARM	5.67%		0.00%
1/1 Jumbo ARM	6.04%		-0.01%
3/1 Jumbo ARM	6.03%		0.00%
5/1 Jumbo ARM	6.10%		0.00%
FHA 30 Year Fixed	5.93%		0.00%
FHA 1 Yr ARM	5.28%		0.00%
VA 30 Year Fixed	5.81%		0.00%

Before applying for mortage loans or mortage refinance, you should always remember that New Mexico state mortage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest mortage rates for New Mexico state before applying for a new mortgage or refinancing your current mortage. Above you will find today's mortage rates for the most popular mortage products available in New Mexico state. These rates are based on more than 200 New Mexico state mortage companies poll for their mortage products and offers and are updated daily. These mortage rates, as well as the list of New Mexico mortage companies with their current mortage offerings, should give you a good starting point for your mortage related search.

Mortage industry news

Anxiety pushes up mortgage rates Tacoma News Tribune - WASHINGTON – Mortgage rates rose again this week on worries about what the Federal Reserve will do next. One-year adjustable rate mortgages hit the highest level in nearly five y (full story)	Higher rates may not hurt housing Inland Valley Daily Bulletin - Mortgage rates are still climbing, but that may not be enough to significantly change the housing market. That's the word after a survey by Freddie Mac and bankrate.com (full story)
MARKET ROUNDUP Centre Daily - NEW YORK -- Wall Street struggled to the finish Friday, closing out the week barely changed after a steep dip in monthly job growth left investors confused about the economy's health. T (full story)	Mortgage Rates Are On The Rise News Channel 10 - The mortgage boom is apparently over. According to the Mortgage Bankers Association , mortgage applications are down 22 percent compared with the same time last year. This is a big c (full story)

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8/27/2008 6:49 PM