Melrose Credit Union Mortgage Rates

Melrose Credit Union of Queens, New York, is advertising some very competitive mortgage rates. The credit union's mortgage rates are for loans in New York and New Jersey. The credit union is advertising 30 year fixed conforming mortgage rates, 15 year fixed conforming mortgage rates, and conforming 5/1 adjustable mortgage rates amortized over 30 years.

We also received other mortgage rates at the credit union by getting a mortgage rate quote. Mortgage rates in the quote included the terms listed above and conforming 20 year mortgage rates, conforming 10 year mortgage rates and 5/1 adjustable mortgage rates amortized over 15 years.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 06101, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
12/07/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
12/07/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
12/07/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
12/07/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






Current advertised conforming 30 year fixed mortgage rates are at 4.375 percent with two mortgage discount points. Mortgage points allow the borrower to "buy down" the mortgage rate by buying points at closing. 1 mortgage point is equal to $1,000 on every $100,000 borrowed.

30 year conforming mortgage rates are also advertised at 4.625 percent with 1 mortgage point and 4.875 with zero mortgage points.

Melrose Credit Union Mortgage Rates


30 Year Fixed Mortgage Rates  
Rates Points APR
4.38% 2.00% 4.55%
4.63% 1.00% 4.72%
4.88% 0.00% 4.88%
  
20 Year Fixed Mortgage Rates  
Rates Points APR
4.25% 2.00% 4.49%
4.50% 1.00% 4.63%
4.75% 0.00% 4.76%
  
15 Year Fixed Mortgage Rates  
Rates Points APR
3.75% 2.00% 4.06%
4.00% 1.00% 4.16%
4.25% 0.00% 4.26%
  
10 Year Fixed Mortgage Rates  
Rates Points APR
3.63% 2.00% 4.07%
3.88% 1.00% 4.10%
4.13% 0.00% 4.14%
  
5/1 Adjustable Mortgage Rates (30 Year)  
Rates Points APR
4.00% 2.00% 3.52%
4.25% 1.00% 3.53%
4.50% 0.00% 3.53%
  
5/1 Adjustable Mortgage Rates (15 Year)  
Rates Points APR
3.75% 2.00% 3.74%
4.00% 1.00% 3.74%
4.25% 0.00% 3.74%

 
 
Author: Brian McKay
July 18th, 2010