Monday, April 16, 2007

Mortgage Rates for April 16, 2007

Here are the best mortgage rates effective April 16, 2007.

Current Bank Prime Rate 6.00%

1 yr 5.30%
3 yr 5.35%
5 yr 5.24%
7 yr 5.65%
10 yr 5.75%

Variable Prime -.90%

Most fixed rate mortgages moved up slightly last week with the increase in long term bond rates.

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