Forgotten Your Password?

Need to Register?

New York Mortgage Rates

Updated: August 29, 2015

Compare today's rates for Mortgage Refinance in NY

Loan Program
Purchase
Refinance
Loan Amount
Loan Type:
Credit Score
State

3.705%

APR
30 Year Fixed
3.625% Rate $912/mo
  • Updated August 29, 2015
  • From the lender: Certified Upfront Lender! Online Good Faith Est! Apply & Lock Rate 24/7!

4.041%

APR
30 Year Fixed
4.000% Rate $954/mo
  • Updated August 29, 2015
  • From the lender: 106 Year Old Family Owned Bank. Costco Member? Call For Special Discounts!

4.475%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated August 29, 2015
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Disclaimer

Mortgage rates for New York go down to 4.29%

Saturday, August 29, 2015

Mortgage rates for New York on Lender411 for 30-year fixed-rate mortgages are at 4.29%. That dropped from 4.46% to 4.29%. The 15-year fixed rates are now at 3.42%. The 5/1 ARM mortgage for New York is now at 3.53%.

If you are looking for up to the minute New York mortgage rates, you’ve come to the right place.  Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in New York. Talk to multiple mortgage lenders in NY to compare rate quotes and understand your options.

New York Mortgage Refinance

Why is it critical to find the lowest rate when refinancing?  Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.

Home Loans in New York

The loan types available in New York are much like those available elsewhere.  One of the most widely available mortgage loan types is the 30 year fixed rate mortgage.  As the name implies, this loan comes with a fixed interest rate.  This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.

The adjustable rate mortgage (ARM) is another common loan type.  You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type.  Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender.  Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.

Statute of Liberty

About New York

New York is the country's third most populous state. The state may be most well-known for the hustle and bustle of New York City, but it is also home to many beautiful forests and farms. In addition to NYC, other major New York cities include Buffalo, Rochester, Yonkers, and Albany.

The state sees a massive influx of immigration.  One thing that makes New York stand out is the diversity of its population. Many different ethnic and cultural groups reside here. Some of the contributors to New York's economy include agriculture, industrial, printing and publishing, and tourism.

To learn more about homeownership in New York or research NY home buying programs, visit the New York HUD portal.

If you’d prefer to keep reading about mortgage options, click on any of the following links for more information.

Popular loan programs
Local Cities

user suit Lenders in: New York.

Subscribe to our news feed.