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(Best Syndication) This is part of an ongoing evaluation of interest rates around the country over time. Click here for more current rate comparison We have been comparing interest rates in Los Angeles, Buffalo New York, Seattle Washington, Dallas Texas, Miami Florida, and Chicago Illinois, since November 15th 2007 (See Chart Below).
Our comparisons involve new purchase mortgages, not refinance mortgages. Those rates may vary. The data were for 30 year fixed rate mortgages and national lenders were filtered out of the results. The goal was to get a snap-shot of local interest rates around the country. The loans amount was between $300,000 and $417,000.
Click Here For Current Mortgage Rates
We narrowed the criteria for a reason. The comparison would be useless if a comparison was made between an adjustable rate mortgage in Buffalo and a fixed rate mortgage in Los Angeles. The goal was to compare apples-to-apples, not apples-to-oranges.
By Dan Wilson
Best Syndication Staff
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 6.875 | $585 | 0 |
| Buffalo New York | 6.625 | $600 | 0 |
| Seattle Washington | 6.375 | $895 | 0 |
| Dallas Texas | 6.6.25 | $1,179 | 0 |
| Miami Florida | 6.75 | $350 | 0 |
| Chicago Illinois | 6.25 | $325 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 6.644 | $585 | 0 |
| Buffalo New York | 6.144 | $600 | 0 |
| Seattle Washington | 5.894 | $600 | 0 |
| Dallas Texas | 6.413 | $1,179 | 0 |
| Miami Florida | 6.261 | $350 | 0 |
| Chicago Illinois | 5.885 | $325 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 6.644 | $815 | 0 |
| Buffalo New York | 5.905 | $960 | 0 |
| Seattle Washington | 6.304 | $1,700 | 0 |
| Dallas Texas | 6.413 | $1,179 | 0 |
| Miami Florida | 6.136 | $350 | 0 |
| Chicago Illinois | 5.885 | $350 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 6.147 | $690 | 0 |
| Buffalo New York | 6.155 | $950 | 0 |
| Seattle Washington | 6.651 | $815 | 0 |
| Dallas Texas | 6.538 | $1,179 | 0 |
| Miami Florida | 6.295 | $1,423 | 0 |
| Chicago Illinois | 6.260 | $325 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 5.896 | $690 | 0 |
| Buffalo New York | 5.904 | $950 | 0 |
| Seattle Washington | 5.904 | $950 | 0 |
| Dallas Texas | 6.37 | $1,179 | 0 |
| Miami Florida | 6.152 | $869 | 0 |
| Chicago Illinois | 5.512 | $400 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 5.886 | $350 | 0 |
| Buffalo New York | 5.759 | $284 | 0 |
| Seattle Washington | 5.921 | $1500 | 0 |
| Dallas Texas | 5.529 | $950 | 0 |
| Miami Florida | 5.873 | $747 | 0 |
| Chicago Illinois | 5.769 | $625 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Mortgage Rates in 6 Areas Of The USA |
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| City | Interest Rate * | Fees | Points |
| Los Angeles CA | 5.886 | $350 | 0 |
| Buffalo New York | 5.859 | $750 | 0 |
| Seattle Washington | 5.671 | $1500 | 0 |
| Dallas Texas | 6.532 | $1000 | 0 |
| Miami Florida | 5.523 | $1083 | 0 |
| Chicago Illinois | 5.394 | $625 | 0 |
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* (APR) Interest Rate Based On Lowest Fees For Loans Between $300,001 To $417,000 excluding national lenders - Source Interest.com |
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Historical Rates Since November 2007
Click Here To Compare Historical Mortgage Interest Rates
Refinance Mortgage Information
Mortgage Information
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Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation. |
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