Mortgage Rates - 8 September 2015

Fixed term preferred rates & posted rates as of September 8, 2015

6 mos                                 3.10%         3.14%

1yr                                     2.29%          2.89%

2yr                                     2.09%          2.84%

3yr                                     2.34%          3.39%

4yr                                     2.49%          3.89%

5yr                                     2.59%          4.64%

7yr                                     3.39%          5.30%

10yr                                   3.84%          6.10%

Prime rate is at 2.70%, 5 yr variable at 2.05% (prime minus .65%)