Credit Union of Colorado Mortgage Rates

Credit Union of Colorado is advertising 30 year fixed rate mortgages, 30 year FHA mortgages, 3/1 adjustable mortgage rates and a home equity line of credit (HELOC). 30 year fixed rate mortgages are being advertised with a rate of 5.125 percent and an annual percentage rate (APR) of 5.261 percent. Mortgage discount points for this advertised 30 year rate is 1.00 point.

Why is the mortgage APR higher than the mortgage rate? For a quick explanation of mortgage rates and mortgage APR read: Mortgage Rates: APY vs. APR.

30 year FHA mortgage rates are advertised at 5.00 percent with 1.00 points. To see if you're eligible for an FHA loan visit: FHA Loan Requirements.

3/1 adjustable mortgage rates are advertised at 4.125 percent with 1.00 mortgage points. Home equity line of credit rates are being advertised at 4.00 percent.

For information on joining Credit Union of Colorado and current mortgage rates visit:
Author: Jason P. Jones
April 1st, 2010