The 30 year fixed mortgage rate remains under 3% according to today’s Nerd Wallet report, with the interest rate at 2.827% and APR at 2.887%. That’s 55 points lower than last year at the time and 7 basis points higher than a week ago. A single basis point is one one-hundredth of a percent which is how Annual Percentage Rate (APR) is expressed when determining a 30 year fixed mortgage.
| Product | Interest rate | APR |
|---|---|---|
| 30-year fixed-rate | 2.827% | 2.887% |
| 20-year fixed-rate | 2.694% | 2.773% |
| 15-year fixed-rate | 2.077% | 2.183% |
| 10-year fixed-rate | 2.048% | 2.167% |
| 7/1 ARM | 2.438% | 2.999% |
| 5/1 ARM | 2.335% | 3.182% |
| 3/1 ARM | 2.917% | 3.555% |
| 30-year fixed-rate FHA | 2.286% | 2.945% |
| 30-year fixed-rate VA | 2.441% | 2.705% |
Based in Boston’s historic Back Bay neighborhood, Boston Proper Real Estate embodies the spirit and hard-working values of the city of Boston.
The city of Boston is a complex maze of neighborhoods, building types, and living opportunities. However, in complexity there is opportunity. Boston truly offers something for every taste, from gleaming Manhattan style condo high-rises to the elegant brick and brownstone buildings of Back Bay and Beacon Hill, and everything in between.
Whether you are being relocated to Boston and looking for that perfect house that reminds you of home, or you are looking to lease an apartment or condo that meets all of your criteria, we have you covered.
Whatever your goal or budget, our team is ready to help you realize your real estate objectives.
Our experienced and motivated team of agents offers you something so many other firms lack – an unbroken devotion to your needs, goals, and budget. Working with Boston Proper Real Estate, you will work with an experienced, motivated professional who has received training in every aspect of Boston Real Estate.
Our office is located at 49 Gloucester Street in the Back Bay. Stop by for a visit any day of the week or give us a ring at 617-262-4500 and we would be happy to answer any questions you may have.