interest rates for the week ending February 25, 2005

The Freddie Mac Primary Market Mortgage survey for average rates / fees & points for this week:

30 year conventional fixed = 5.69% (0.7 points)
15 year conventional fixed = 5.22% (0.7 points)
1/1 ARM = 4.16% (0.8 points)
5/1 ARM = 5.05 (0.8 points)

Here are some the best mortgage interest rates we've seen offered today by direct lenders for a 30 year fixed conventional loan refinance for a borrower with good credit and under 80% LTV:

Superior Lending - 5.375% APR (0 points)
E-loan - 5.290 APR (0.7 points)
Wachovia - 5.446% APR on a 30 year fixed loan (0.875 points)

For the latest mortgage interest rate information, updated daily, go to EZ Loan Apply