Mortgage Update

30-YEAR FIXED

3.21%

15-YEAR FIXED

2.73%

5/1 ADJUSTABLE RATE

3.11%

Bankrate obtains rate information from the 10 largest banks and thrifts in 10 large U.S. markets. Mortgages are gathered based on 700 FICO with 80% LTV and between 30-60 lock days. This is an average of all points but the information we gather includes no more than 2 points.