Fidelity First Mortgage
Registered Mortgage Brokers, NYS Dept of Financial Services and Florida Department of Financial Services. All loans are arranged through third party lenders
For this week mortgage rates are 6.125% for a 30 year fixed rate loan, 6.253% APR. That is for a single family primary residence with 20% down and a fico of 740. If you want a rate quote tailored for your particular loan, call us at 718-987-4500 or visit www.BestRateOne.com.
Here is a good article from PBS on why the interest rates are so high and if they will come down anytime soon
https://www.pbs.org/newshour/economy/u-s-mortgage-rates-are-staying-high-and-the-federal-reserve-can-do-little-about-it
05/15/2026
Home mortgage interest Rates have gone up this week as you can imagine. This weeks home mortgage rates are 6.25% fixed for 30 years 6.39% APR.
Here is a link to a pretty good article from cnnc about interest rates why they are rising and what can impact rates moving forward.
https://www.cnbc.com/2026/05/13/mortgage-rates-jump-to-highest-level-since-march.html
These rates assumes 740 fico score 20% down single family home. Loan amount $550k. Visit www.BestRate.com for a detailed quote..
Mortgage rates jump to highest level since March on hotter inflation reports Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Since the war in Iran, rates have really remained steady, even though bond rates have increased. Todays rate is 5.875% for a 30 year fixed with a 6.102% APR. We are assuming a 1 family home, primary residence, 20% down, fully documented loan, 740 credit score. We offer all types of mortgages for all types of properties for all types of borrowers. Call us 718-759-1035 or visit BestRateOne.com for more information or a personalized rate quote.
Mortgage rates thus week are up. Big time.
03/15/2026
Home mortgage interest Rates have gone up this week as you can imagine. This weeks home mortgage rates are 5.875% fixed for 30 years 6.107% APR.
Here is a link to a pretty good video from cnn about interest rates why they are rising and what can impact rates moving forward.
https://youtu.be/IeiqDaTYp9M?si=FupYuRHA-la3q8zY
These rates assumes 740 fico score 20% down single family home. Loan amount $550k. If you would like a more personalized quote this is my cell reach out any day or time including weekends.
Visit www.BestRateOne.com for a personalized quote and information about mortgages.
Iran war hikes US costs of mortgages, flights, groceries & more Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of...
02/28/2026
Home mortgage interest Rates have stayed the same this week. This weeks home mortgage rates are 5.5% fixed for 30 years 5.625% APR.
If you would like a rate quote tailored for your situation visit us at www.BestRateOne.com
Here is a link to a good article about interest rates from public radio. It discusses the impact of lower rates.
https://www.npr.org/2026/02/26/nx-s1-5726386/home-mortgage-rates-below-6
These rates assumes 740 fico score 20% down single family home. Loan amount $550k. If you would like a more personalized quote this is my cell reach out any day or time including weekends.
Gregory Schmidt Loan Officer NMLS # 25561 Fidelity First Mortgage 718-759-1035
www.BestRateOne.com
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3974 Amboy Road Suite 302
Staten Island, NY
10308
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