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| Mortgage Rates: 1/26/2012 |
30 Year Fixed Rate | 3.98% |
15 Year Fixed Rate | 3.24% |
5 Year ARM Rate | 2.85% |
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NY Mortgage Rates - NY Regulator
For questions or concerns regarding a mortgage lender in New York, contact:
New York State Banking Department
One State Street, 4th Floor, New York, NY, 10004
212-709-5540
Toll Free: 1-877-BANK-NYS
Website: http://www.banking.state.ny.us
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A Bit of History: New York Mortgage Rates - 1997
Think today's mortgage rates are too high? Let's take a look back to the year 1997. According to Freddie Mac, one of the largest buyers of home loans, average rates on the 30 year fixed rate mortgage loan were as low as 7.1%, and got as high as 8.14%.
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