Roanoke Virginia Mortgage Rates

Compare the best mortgage rates in Roanoke Virginia from the local mortgage lenders serving Roanoke and the surrounding region. The local mortgage lenders serving Roanoke and Southwest Virginia offer a variety of mortgage home loan products for purchases and refinances. New home loan borrowers can find traditional fixed rate mortgages, adjustable rate mortgages, jumbo mortgages, VA mortgages, home equity loans, and loans for first time home buyers with competitive rates and low costs.

The most common loan for home purchases and refinances in Roanoke is the 30 year fixed rate mortgage. Fixed rate mortgages in which the interest rate on the mortgage note remains the same through the entire term of the loan can also be obtained with 10, 15, and 20 year terms. The adjustable rate mortgages offered by the lenders operating in the region usually have a low rate and low monthly mortgage payment in the early months of the loan, but are subject to rate increases over time.

New borrowers and mortgage shoppers in the Roanoke area will find the best rate and terms on their Virginia mortgage loan if they comparison shop with multiple mortgage lenders. The list of 30 year mortgage rates and costs listed below includes current loan terms from some of the largest mortgage lenders offering mortgages in Roanoke.

Mortgage Rates Roanoke Virginia
Roanoke Virginia 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

Additional loan rates and loan programs are available. Some of the loan programs promoted by lenders serving Roanoke include loans with relaxed underwriting requirements, low down payment loans, loans to refinance including cash out refinances, and additional loan products that help serve new borrowers in the region.

Roanoke mortgage lenders operate in the local economy and provide attentive customer service to go along with the competitive rates and costs. The mortgage lenders will work with a wide variety of new home loan customers to help them secure the best mortgage loan for their home financing needs regardless of their background.

The interest rates, annual percentage Rates (APRs), and points listed are subject to change without notice. The mortgage rate for specific loan requests in the Roanoke area will depend on a number of factors such as current market conditions, the loan product selected, occupancy, property type, and the credit profile of the borrower. All loan products subject to lender approval. Other terms, conditions and restrictions may apply.

All mortgage and mortgage rate information is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Contact the individual mortgage lenders directly to verify the current home loan rates and find additional mortgage information on loan programs and requirements.

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
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