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Mortgage Rates at AIG Bank 5/1 Adjustable Mortgage Rates at 3.50%

Mortgage Rates at AIG Bank 5/1 Adjustable Mortgage Rates at 3.50%

MORTGAGE RATES TODAY: AIG Bank, which is the banking division of insurance giant AIG, is offering some of the best mortgage rates today. AIG Bank is also a direct lender so you don't have to pay any mortgage broker fees. In addition to offering mortgage rates AIG Bank also advertises deposit rates including CD rates and savings account rates which are very competitive.

If you're thinking about getting an adjustable mortgage rate because current mortgage rates are so low AIG Bank is offering 5/1 conforming adjustable mortgage rates at 3.50%. If you're looking for a jumbo mortgage AIG Bank is also advertising 5/1 adjustable jumbo mortgage rates at 3.50%.

AIG Bank mortgage rates are also advertised on fixed mortgage rates which are also very competitive. Today's mortgage rates on 30 year conforming mortgages are advertised at 4.00%.

AIG Bank is also offering 20 year mortgages which isn't one of the more common mortgage types available. Current 20 year mortgage rates are at 3.75%. 15 year mortgage rates at AIG Bank are currently available at 3.25%.

If you can swing higher mortgage payments each month you should really considering getting a 20 year mortgage, 15 year mortgage or even a 10 year mortgage. You'll save tens of thousands or hundreds of thousands of dollars over the life of the loan.

Author: Monica Harris
September 7th, 2011