Hampton Roads Mortgage Rates

Compare current Hampton Roads mortgage rates form the leading banks and mortgage lenders serving this housing market in Hampton Roads Virginia. The home mortgage loans available in the Hamptons Roads region can be obtained with a variety of terms, rates and costs. New home loan borrowers should evaluate the loan products available from multiple lenders to find the right home loan that meets their budget and needs.

New mortgages for home loans in Hampton Roads can be either fixed rate mortgages or adjustable rate mortgages (ARM). Fixed rate mortgages and ARM loans are available as conventional loans, jumbo loans, FHA loans, VA loans, rural development loans, and special purpose first time home buyer loans.

The interest rates and principal and interest payment for fixed rate mortgages do not change over time. Total monthly mortgage payments may vary somewhat due to changes in property taxes and insurance. Home loan borrowers in Hampton Roads that choose an adjustable rate mortgage can get a fixed rate for an initial period of time that then adjusts over time based on the market.

The 30 year fixed rate mortgage in Hampton Roads remains the most popular loan selected for purchases and refinances. New home loan borrowers can find 30 year fixed rates for a mortgage purchase in Hampton Roads, Virginia from some of the largest mortgage lenders serving the region listed below.

Mortgage Rates Hampton Roads
Hampton Roads Mortgage Lender Mortgage Rate Points APR
Webster Bank 30 Year Mortgage Rates
3.500 0.000 3.569
Peoples United Bank 30 Year Mortgage Rate
3.250 0.250 3.360
Eastern Bank 30 Year Mortgage Rate
3.250 0.000 3.300
Washington Trust 30 Year Mortgage Rate
3.500 0.000 3.568
Santander 30 Year Mortgage Rate
3.875 0.000 4.036

Mortgage loans in Hampton Roads vary greatly based on a variety of loan features such as the loan amount, loan term, interest rate, points paid, repayment schedule, and other characteristics. Loan rates and programs available are also highly dependent on the individual characteristics of the loan request including the credit score of the borrower, down payment amount, as well as the borrower’s income and debt levels.

New home loan borrowers can find a combination of low rates and costs on these mortgage products and more in Hampton Roads as well as the neighboring towns and communities.

Rates are subject to change without notice and may vary based on individual loan request and loan conditions. The rate, APR, and terms may vary based on the creditworthiness of the individual, the loan to value or down payment and other factors involved in the loan approval process. All loan products subject to lender approval. Other terms, conditions and restrictions may apply.

CD interest rates were unchanged, on average, for the week ending August 17, 2012.  The average CD rate covering all CD maturities found in the weekly Selectcdrates.com national CD rate survey was unaltered at 1.046 percent.  While the average CD rate did not move over the course of the week, the top bank CD rates
Bank certificate of deposit rates were lower for the third consecutive week in 2010.  The average yield for the top ten best bank CD rates available nationally fell across all maturities.  For the week ending January 22, 2010 the short term bank CD rates incurred the most damage while the mid term and longer term CDs
CD interest rates took a mild slide for the week ending August 31, 2012.  The average CD rate in the Selectcdrates.com CD rate index dipped lower by a mere 3/1000ths of a percent.  The CD rate index, which measures the average rate found on the top ten best three months CD rates, six month CD