Long Island Banking Rates

Lowest Long Island 30-Year Fixed Mortgage Rates

At a point when Long Island mortgage rates are the lowest they’ve ever been, it’s important to take advantage of the opportunity to get extremely low-interest financing before rates inevitably increase. If you’ve been thinking about buy a house, now may be the best time to do it. You may never be able to get rates these low again.

However, this does not mean you should rush into a loan without carefully weighing your needs. Average mortgage rates may be at their lowest, but that doesn’t mean every single lender in the city is offering a competitive rate. Don’t forget you must also consider the terms and conditions that will best fit your budget.

To get a better understanding of where you can find the best mortgage rates in Long Island, Long Island Banking Rates has listed the mortgage lenders in the city with the lowest rates on a 30-year fixed home loan. 30-year fixed mortgages are pretty much the most popular loan option and also provides a fairly low rate that remains fixed for the entire length of your loan.

A 30-year fixed could be the mortgage option that helps you lock in today’s historically low interest rates for the entire loan term, so start here in your search for the perfect mortgage for you.

Best 30-Year Fixed Mortgage Rates in Long Island, Long Island

Today, the average rate in Long Island is [mortgagerateaverage product=”30″] for a 30-year fixed rate mortgage. Below are the lenders with the very best rates:

[mortgageratelist product=”30″ order=”asc” count=”5″ fees=”on” points=”on”]

Please note that these rates are accurate as of October 2011, but are subject to change at any time. Additionally, borrowers may be subject to additional requirements and credit approval in order to receive the lowest advertised rate. Please contact individual lenders to verify rates before applying for a loan.