latest interest rates - updated Feb 11, 2005

The latest Freddie Mac Mortgage interest rates as of 4:30 pm (PST) are:

• 30 year fixed = 5.77%
• 15 year fixed = 5.30%
• 3/1 ARM = 5.26%
• 5/1 ARM = 5.09
• 7/1 ARM = 5.19%
  

Here are some the best mortgage interest rates we've seen offered today by direct lenders:

• Nations Choice Mortgage - 5.140% APR on a 30 year fixed loan (0 points - CA, CO, AZ, NM, MN, OK only)
• Ditech - 5.290% APR on a 30 year fixed loan (0 points)
• E*Trade Financial - 5.406% APR on a 30 year fixed loan (0.25 points)

Note: the above rates are based upon a $300,000 first mortgage, straignt refinance, at 75% LTV, for a borrower with good credit

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