Portsmouth VA Mortgage Rates

Review current mortgage rates in Portsmouth VA and the surrounding communities. Secure the best mortgage rate available in the local Portsmouth market from regional mortgage lenders operating in the region. The local mortgage lenders in Portsmouth offer a full range of home loans for purchases and refinances to new home borrowers throughout Southeastern Virginia.

Mortgage lenders serving Portsmouth handle a variety of mortgage products, including fixed rate loans, adjustable-rate mortgages (ARMs), jumbo mortgage loans, FHA loans, VA loans, and loans designed for first time home buyers. New borrowers in the region can benefit from the local service with a streamlined mortgage process, quality customer service, and competitive interest rates.

The fixed rate mortgages feature a fixed percentage rate and loan amount. Compare the 30 year fixed rate home loan interest rates listed for Portsmouth VA and the adjacent neighborhoods from locally based mortgage lenders in the table below.

Portsmouth VA Mortgage Rates
Portsmouth Mortgage Lender Mortgage Rate Points APR
Comerica Bank 30 Year Mortgage Rates
3.610 0.000 3.659
BBT Bank 30 Year Mortgage Rates
3.375 0.500 3.454
Happy State Bank 30 Year Mortgage Rates
3.625 0.000 3.685
Whitney Bank 30 Year Mortgage Rates
3.500 0.500 3.584
Cadence Bank 30 Year Mortgage Rates
3.500 0.000 3.634

Additional loan products are terms can be obtained from the mortgage lenders in the region including mortgage loans to refinance an existing home loan. Existing borrower will find a great selection of low and no closing cost refinance programs, loans to combine first and second mortgages, refinances that lower the interest rate, change from a variable-rate to a fixed-rate loan, free up some cash, or any of the many other reasons.

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 information is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Please contact the individual mortgage lenders to verify rates and find out about additional loan details and requirements.

As the markets absorb the new Fed policy to buy long term bonds, referred to as operation Twist, certificate of deposit rates continue to press on to lower levels.  This week, CD interest rates reacted to the Fed’s desire to drive long term rates lower with CD rates experiencing yet another down week.  Unfortunately, it
CD interest rates were mostly unchanged over the past week however; individual CD rate terms were fairly active with some minor advances and declines across the most common CD maturities.  The overall average interest rate on bank CDs did remain quite stable when averaged among the top rates for the most popular terms. Based on the
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