The Mercury News

Mortgage Updates

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30-YEAR FIXED

2.90%

15-YEAR FIXED 2.38%

5/1 ADJUSTABLE RATE

2.98%

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.

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