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New York Interest Only Mortgage Rates

Updated: March 21, 2019

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

4.033%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated March 21, 2019
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4.355%

APR
30 Year Fixed
4.125% Rate $969/mo
  • Updated March 21, 2019
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4.800%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated March 21, 2019
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PRODUCTS RATES +/-
30 Year Fixed 4.23%
15 Year Fixed 3.75%
5/1 ARM 4.17%
Thursday, March 21, 2019

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Mortgage rates for New York go down to 4.23%

Thursday, March 21, 2019

Mortgage rates for New York on Lender411 for 30-year fixed-rate mortgages are at 4.23%. That dropped from 4.25% to 4.23%. The 15-year fixed rates are now at 3.75%. The 5/1 ARM mortgage for New York is now at 4.17%.

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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