Compare Bank Mortgage Rates November 29th, 2010

Bank mortgage rates were higher again for the week ending November 26, 2010 based on the most recent compare mortgage rates survey performed by Selectcdrates.com. The average 30 year mortgage rate gained ten basis points or 10/100’s of a percent for the week. The average 15 year mortgage rate increased by half as much with a rise of just four basis points.

The average 30 year mortgage rate ended the week at 4.643 percent while the average 15 year mortgage rate ended at 3.975 percent. The previous week’s figures for these two terms were 4.546 percent on the 30 year and 3.931 percent on the 15 year.

A positive feature in this week’s compare mortgage rates survey was a reduction on the average mortgage points charged. The average points charged by the bank mortgage lender in the survey for the 30 year mortgage dropped to 0.35 points and the average points charged on the 15 year loan fell to 0.338 points.

The latest rates from the compare mortgage rates survey for the 30 year home loan conducted after the market close on November 26th, 2010 included the following mortgage rates, points, and APRs from the top ten bank mortgage lenders:

The largest U.S bank, Chase Bank, increased their 30 year mortgage rate to 4.75% with no points and an APR of 4.806%

Bank of America mortgage rates for the 30 year mortgage increases to 4.375% and 1.0 point for an APR of 4.522%.

Citibank mortgage rates on a 30 year loan bumped up to 4.750% with 0.125 points for a 4.905% APR.

Wells Mortgage rates ended the week 4.50% and 1.0 point for a 4.656% APR on a 30 year mortgage loan.

US Bank mortgage rates moved up to 4.750% with zero points and an APR at 4.815% on a 30 year mortgage loan.

HSBC mortgage rates for the 30 year loan remained unchanged at 4.875% with no points and an APR at 5.014%.

SunTrust mortgage rates moved up 1/8th to 4.50% with 1.375 points and a 4.649% APR.

TD mortgage rates on a 30 year home loan ended the week unaltered at 4.625% and no points with a 4.667% APR.

Fifth Third Bank mortgage rates on the 30 year mortgage closed at 4.625% with zero points and an APR at 4.733%.

Key Bank mortgage rates for the 30 year home loan moved up 10 basis points to 4.68% with no points and a 4.821% APR.

The bank mortgage rates and mortgage costs listed are current as of this publication date but are subject to change and are not guaranteed. All mortgage loans and mortgage rates listed require bank approval and bank underwriting.

The mortgage rate obtained by a borrower from the mortgage lenders listed will depend on the loan amount, the down payment, the borrower’s credit profile and income as well as other factors.

The mortgage rates, points and APRs listed are based on 20 percent down, $250,000 owner occupant mortgage. The rates and terms may vary; check with the bank mortgage lenders for details.

To find more information on Wells mortagge rates, SunTrust mortagge rates, Bank America mortagge rates, Chase mortgage rates, US Bank mortgage rates, HSBC mortgage rates or TD mortgage rate refer to the Wells mortgage rates page SunTrust mortgage rates page Bank America mortgage rates page Chase mortgage rates, US Bank mortgage rates page, HSBC mortgage rates or the TD mortgage rates page of Selectcdrates.com.

To find information on Wells Fargo CDs, Citibank CDs, SunTrust Bank CDs, US Bank CD rates, Bank America CDs, HSBC CDs, Chase Bank CDs, Fifth Third Bank CDs, TD Bank CDs or Key Bank CDs refer to the Wells Fargo CD rates page, Citibank CD rates page, SunTrust CD rates page, US Bank CD page, Bank America CD rates page, HSBC CD rates page, Chase CD rates page, Fifth Third Bank CD rates page, TD Bank CD rates page or the Key Bank CD rates page of Selectcdrates.com.

To find information on Chase Bank credit card products or Citibank credit cards please see Chase Bank Credit Cards or Apply for a Citibank Credit Card.

Tags: 15 year mortgage rate, 30 year mortgage rate, bank mortgage lenders, bank mortgage rates, Bank of America mortgage rates, Compare Mortgage Rates, Fifth Third Bank mortgage rates, HSBC Mortgage Rates, Key Bank mortgage rates, SunTrust Mortgage Rates, TD Mortgage Rates, US Bank Mortgage Rates, Wells Mortgage Rates

This entry was posted on Monday, November 29th, 2010 at 8:48 am and is filed under Compare Mortgage Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.