Let's start December with my picks for the best deals on home loans in the Phoenix area.
As always, I'm looking for the most favorable combination of low mortgage rates and reasonable fees.
To make my list, a mortgage must charge no points and loan origination fees of less than $2,000 -- exactly what anyone trying to buy or refinance a home 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 Phoenix, across Arizona and throughout the country.
See if you can beat these deals.
|Lender||30-year fixed||15-year fixed||5-year ARM|
|Valley Mortgage Financial||3.750%||3.250%||2.500%|
|Hunter Financial Group||3.750%||3.125%||2.500%|
|Pinnacle Peak Lending||3.875%||3.250%||2.750%|
Remember that rates change daily.
These quotes are from the end of the business day on Nov. 30, 2011, to borrow $210,000 for the purchase of a home with a 20% down payment.