The Average Fixed Rate 30 Year Loan is hovering close to 5% again!
All predictions are for rates to go later in the year, so if you are considering a move,
NOW seems like a great time to purchase your first home or move up to your next home!
See all the Central Suffolk County, New York Listings from Oakdale-Bohemia to Manorville-Eastport.
Weekly national mortgage survey
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Results of Bankrate.com's May 5, 2010, weekly national survey of large lenders and the effect on monthly payments for a $165,000 loan:
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| 30-year fixed | 15-year fixed | 5-year ARM | |
| This week's rate: | 5.12% | 4.49% | 4.31% |
| Change from last week: | -0.09 | -0.05 | -0.06 |
| Monthly payment: | $897.90 | $1,261.40 | $817.51 |
| Change from last week: | -$9.15 | -$4.21 | -$5.82 |
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