Interest Rates - Second Mortgage

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Interest Rates - Second Mortgage

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A second mortgage can be ideal for a borrower who is looking to use the equity in his home to take out cash for debt consolidation. With rates being so low, many people have very low interest rates on their first mortgages that are no longer available. Consequently, it does not make sense to refinance a very low first mortgage and increase their interest rate. In addition to this, they do not want to pay the high closing costs that accompany a first mortgage including lender fees, escrow and title insurance. For these people, a second mortgage can be a huge benefit. Select any of our second mortgage loan types for more information and rates: Fixed Rate Second Mortgage Loans   Home Equity Second Mortgage Loanshome equity loans   Special Second Mortgage Loanssecond mortgage loans  Special Second Mortgage Loanssecond mortgage rates
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Interest Rates - Second Mortgage
Lowest rates from over 50 lenders displayed:
Current Rates
Loan Name Rate Pts APR* As of
Fixed Year 30 5.625% 2.0 5.88% 2007-09-19
Fixed Year 20 5.37% 2.0 5.63% 2007-09-19
Fixed Year 15 5.25% 2.0 5.5% 2007-09-19
Fixed Year 10 5.5% 2.0 5.76% 2007-09-19
Equity 125%LTV 9.5% 3.0 9.75% 2007-09-19
Equity HELOC 3.87% 2.0 4.13% 2007-09-19
Stated Equity HELOC 8.25% 2.75 8.51% 2007-09-19
Stated Fixed Year 10 5.5% 2.75 5.75% 2007-09-19
Stated Fixed Year 15 5.25% 2.75 5.51% 2007-09-19
Stated Fixed Year 20 5.37% 2.75 5.62% 2007-09-19
Stated Fixed Year 30 5.625% 2.75 5.89% 2007-09-19
Jumbo Equity HELOC 7.5% 1.5 7.75% 2007-09-19
Jumbo Fixed Year 15 6.5% 2.0 6.76% 2007-09-19
Jumbo Fixed Year 20 5.87% 2.0 6.12% 2007-09-19

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