Bank of Internet Mortgage Rates and Refinance Rates Today

Bank of Internet USA which says its the oldest and most trusted Internet bank is avertising competitive mortgage rates and refinance rates today.  We received mortgage quotes from Bank of Internet USA for a refinance loan in the amount of $200,000. We selected the state of California as the residence place.

We were quoted several different refinance rates, loan terms and point combinations from Bank of Internet. There were almost too many point combinations from zero points all the way up to 4.625 points. I've never received any quotes with that many points.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 23223, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge
Bank of Oak Ridge
300000
Refinance
4.295
4.250
USD
Bank of Oak Ridge
4.295%
4/18/2019
4.250%
at 0.250 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.316
4.250
USD
Northwest Federal Credit Union
4.316%
4/17/2019
4.250%
at 0.750 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.343
4.250
USD
Bank of America
4.343%
4/17/2019
4.250%
at 0.671 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.345
4.250
USD
Apple Federal Credit Union
4.345%
4/17/2019
4.250%
at 1.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
TD Bank, NA
300000
Refinance
4.278
4.250
USD
TD Bank, NA
4.278%
4/19/2019
4.250%
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $982
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
300000
Refinance
4.432
4.375
USD
State Department Federal Credit Union
4.432%
4/22/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $2,000
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.328
4.250
USD
Virginia Credit Union
4.328%
4/23/2019
4.250%
at 0.375 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.539
4.500
USD
Fulton Bank, NA
4.539%
4/23/2019
4.500%
at 0.125 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.557
4.500
USD
Santander Bank, N.A.
4.557%
4/23/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $2,004
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.155
4.125
USD
LincolnWay Community Bank
4.155%
4/23/2019
4.125%
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $1,085
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.





Refinance Rates Bank of Internet


30 year refinance rates were quoted at 3.75 percent with zero points and as low as 2.75 percent with 4.625 points. Whether or not paying 4.625 percent of a loan amount to receive 1 percent lower on a loan depends on many factors. The biggest factor is how long you plan to stay in a home.

Anyway, 30 year mortgage rates at 3.75 percent is a quarter point higher than the national average. Mortgage rates today at the national average level are at 3.60 percent. We were given 9 different point/rate combinations to choose from. 30 year refinance rates with 1.50 points were at 3.25 percent, a quarter point below the national average.

Refinancing rates on 20 year mortgage loans were quoted at 2.75 percent with 4.75 points. 20 year refinance rates were also quoted at 3.75 percent with zero mortgage points. The 20 year refinance rate with 1.125 points was at 3.25 percent. Current mortgage rates on 20 year refi loans are at 3.82 percent.

Today's mortgage rates on 15 year loans are averaging 2.99 percent. Bank  of Internet's 15 year mortgage rates were quoted at 2.50 percent with 1.50 points. Current refinance rates quoted on 15 year loans with zero points are at 3.125 percent.

Bank of Internet also quoted us 10 year refi rates. If you can afford the monthly payments on a short term loan like 10 year loans you will save a ton of money and own your home in no time. 10 year Bank  of Internet refinance rates were at 2.25 percent with 3.125 points. 10 year rates were also quoted at 3.125 percent with zero points.

5 year adjustable refinance rates were quoted at an unbelievably low rate of 1.75 percent with 2.50 points. 5 year adjustable refi rates were also quoted at 2.875 percent with zero points.

You can get your own mortgage quotes from Bank of Internet on the bank 's website. For a list of conforming mortgage rates from many different lenders use our rate tables here: Conforming Mortgage Rates.
 
 
Author: Lisa Graham
July 28th, 2012
Posted in: Bank Mortgage Rates