People who are looking for the best mortgage rates must often canvass different financial institutions in order for them to acquire the best rates available. Many families today are in great need of mortgages so that they will be able to purchase a house for themselves. People greatly depend on mortgages because this is the only way they can afford to buy a house. Ever since mortgages started, people have really relied on it and it is understandable because purchasing a house today is very expensive except for those who certainly can afford. One company that has been providing the latest and best rates is Seckel Capital.
Seckel Capital offers a direct mortgage lending with the best and lowest mortgage rates that individuals and families can hope for. They make it a point that the rates they have are well updated and competitive enough for people to grab on. They do not just offer the lowest rates but they also have excellent services in terms of financial issues or problems. Those who will turn to them will really be able to find what they are looking for. So what are the latest rates they have in terms of mortgages?
Latest Mortgage Rates as of June 25, 2012 in Seckel Capital
For the 30 year fixed term or program with a loan amounting up to $417,000; the basic rate is 3.500% and an APR or the annual percentage rate of 3.588%. This kind of program is a good choice for those who are interested because once they will choose this, the payments they will be making and paying for will remain the same all throughout the term of the mortgage loan. On the other hand, the 15 year fixed term has a rate of 2.750% with an APR of 2.906%. While in the 5/1 ARM rates, the APR is 3.080% with the rate of 3.500%. With these programs and rates, those who are interested of getting mortgage loans will certainly be satisfied with these latest rates.