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New York Interest Only Mortgage Rates

Updated: November 17, 2017

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

4.325%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated November 17, 2017
  • A+ Rating with the Better Business Bureau

3.957%

APR
30 Year Fixed
3.875% Rate $941/mo
  • Updated November 17, 2017
  • Save when you borrow from PenFed!

4.594%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • Updated November 17, 2017
  • 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.
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4.273%

APR
30 Year Fixed
4.180% Rate $976/mo
  • Updated November 17, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.34%
15 Year Fixed 3.28%
5/1 ARM 3.38%
Friday, November 17, 2017

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Mortgage rates for New York go down to 4.34%

Friday, November 17, 2017

Mortgage rates for New York on Lender411 for 30-year fixed-rate mortgages are at 4.34%. That dropped from 4.34% to 4.34%. The 15-year fixed rates are now at 3.28%. The 5/1 ARM mortgage for New York is now at 3.38%.

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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