If you are refinancing you missed the dip last week but with the economy still in the dumps there is sure to be another chance soon at low mortgage rates.
GMAC Refinance Rates
The best 30 year refinance FRMs have been published at 3.625% at GMAC Mortgage yielding an APR of 3.662% today. The short term, popular 15 year refi fixed rate mortgages have been published at 3.000% yielding an APR of 3.139%. 5/1 Adjustable Rate Mortgages are 3.000% at GMAC Mortgage. showing an APR of 3.153%. The 5 year refi Jumbo ARM deals are available starting at 3.000% with an APR of 3.096% to start.
Quicken Loans Refinance Rates
The best 30 year refinance FRMs stand at 3.375% at Quicken today with an APR of 3.607%. Popular 15 year refi fixed rate mortgage interest rates at the bank are 2.750% today with an APR of 3.089%. 7 year refi ARM interest rates can be had for 2.500% with an APR of 3.053% to start.