New York's best mortgage rates provide some very merry deals

Take a look at my selections for the best deals on home loans in the New York City area.

They offer the most favorable combination of low mortgage rates and reasonable fees I can find.

Fixed-rate, 30-year loans starting at 3.75% could make the holiday season a great time to buy or refinance a home.

You'll pay no points and loan origination fees of less than $2,000, which is what anyone should be looking for to control their up-front costs and keep monthly payments low.

Compare my picks with the best rates from other banks and finance companies in our database.

Our research provides real-time, accurate data on loans in New York City, across New York and throughout the country.

You can also determine what the monthly payments would be for the home loan you’re considering with our fixed-rate loan calculator or adjustable-rate calculator.

See if you can beat these deals.

New York City Mortgage Rates

Lender 30-year fixed 15-year fixed 5-year ARM
EverBank 3.750% 3.125% 2.750%
M.T.G. Capital 4.000% 3.375% 2.875%
Quicken Loans 4.250% 3.750% 3.375%
HSBC Bank USA, N.A. 4.375% 3.625% 3.125%
Flagstar Direct 4.415% 3.600% 3.639%

Remember that rates change daily.

These quotes are from the end of the business day on Dec. 2, 2011, to borrow $210,000 for the purchase of a home with a 20% down payment.

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