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New York Interest Only Mortgage Rates

Updated: July 19, 2018

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Displaying rates for Mortgage Refinance in NY for $200,000

4.459%

APR
30 Year Fixed
4.375% Rate $999/mo
  • Updated July 19, 2018
  • Save when you borrow from PenFed!

5.087%

APR
30 Year Fixed
4.990% Rate $1,073/mo
  • Updated July 19, 2018
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5.349%

APR
30 Year Fixed
5.250% Rate $1,105/mo
  • Updated July 19, 2018
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.
PRODUCTS RATES +/-
30 Year Fixed 5.12%
15 Year Fixed 3.84%
5/1 ARM 4.06%
Thursday, July 19, 2018

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Mortgage rates for New York go up to 5.12%

Thursday, July 19, 2018

Mortgage rates for New York on Lender411 for 30-year fixed-rate mortgages are at 5.12%. That increased from 4.87% to 5.12%. The 15-year fixed rates are now at 3.84%. The 5/1 ARM mortgage for New York is now at 4.06%.

Interest Only Rates in New York

When you buy a home in New York or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.

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