Think Mutual Bank Current Mortgage Rates

Think Mutual Bank of Rochester, MN, is advertising fixed conforming mortgage rates and adjustable mortgage rates. Their advertised rates are with a 1% origination fee. The bank is also advertising a one year construction mortgage rate, a three year lot mortgage rate and three balloon mortgage rates.

The 30 year fixed conforming mortgage rate is currently advertised at 5.125 percent, which is 5 basis points lower than the current national average 30 year rate of 5.17 percent.



Current Fixed Mortgage Rates and APR



  • 10 Year Fixed  4.125% 4.431%

  • 15 Year Fixed  4.375% 4.575%

  • 20 Year Fixed  4.875% 5.035%

  • 30 Year Fixed  5.125% 5.244%


Current Adjustable Mortgage Rates and APR



  • 1 Year ARM 3.250% 3.018%

  • 3 Year ARM 3.750% 3.214%

  • 5 Year ARM 4.625% 3.622%

  • 7 Year ARM 4.875% 3.955%

  • 10 Year ARM 5.375% 4.595%


Current Balloon Mortgage Rates and APR



  • 5 Year Balloon 4.125% 4.330%

  • 7 Year Balloon 4.375% 4.581%


Current one year construction mortgage rates are 6.00 percent with an APR of 6.38 percent. Three year lot mortgage rates are currently at 6.550 with an APR of 7.103 percent.

Mortgage rates change constantly, for more current mortgage rates visit thinkbank.com.
 
 
Author: Brian McKay
April 12th, 2010
Posted in: Bank Mortgage Rates