| Why Choose Peak Home Loans? | Over a Bank or Mortgage Broker? | |
| 1.) Direct Rates – Save $100’s Per Month | 1.) Retail Rates – Pay $100’s More Per Month | |
| 2.) 30 Day Closings – $500 Guarantee | 2.) 45 to 90 Day Closings – No Guarantee | |
| 3.) Transparent Costs – NO Junk Fees | 3.) Hidden Junk Fees & Costs | |
| 4.) Dozen’s of Loan Options | 4.) 1 or 2 Loan Options From One Lender | |
| 5.) $1,000 Lowest Rate Guarantee | 5.) Guaranteed to Pay a Higher Rate | |
| 6.) Ask About Our FREE Appraisal Offer | 6.) Pay Up to $1,000 For An Appraisal |
Important Items To Remember When Selecting Your Next Home Mortgage:
- Your home is your most important asset, your mortgage is your most important debt.
- A 30-year loan is a long time, make the best deal you can now.
- Take advantage of today’s historically low interest rates before they increase.
- Saving even a small percentage upfront can save you $10,000’s over the term of your loan.
- Get Our Quote | Get Their Quote – Choose the one that best suits your needs.
One More Note About Peak Home Loans:
About Current Mortgage Rates And Recommendations:
For The Week Ending Saturday, July, 31, 2021
- Thirty-year fixed-rate-mortgages (FRM’s) averaged 3.94% with 0.5 discount and origination points for an APR of 4.04%. That’s up 6 basis point from a week ago. At this time one week ago, the thirty-year FRM was approximately 3.88%, the first of the year, 4.20%. Today, your average payment on a $100k mortgage would be $476.69 per month, plus taxes and insurance.
- Fifteen-year fixed-rate-mortgages (FRM’s) are 3.25% for the week. That’s down 2 basis points from a week ago; the beginning of the year the rate was 3.24%. Your monthly payment on a $100k refinance or new mortgage over 15 years would be $702.88, not including insurance and taxes.
- Five-year adjustable-rate-mortgages (ARM’s) averaged 3.21%. That’s up 4 basis points from a week ago; the first of the year rates were 3.33%. For example, your monthly payment on a $100,000.00 new home loan or mortgage refinance over the first 5 years would be $433.24 principal and interest only, homeowners insurance and property taxes will be added. After 5 years, your payment will likely increase.
Home Mortgage Interest Rate Trend Prediction For The Upcoming Week: