Current 1-year Adjustable Rate Mortgages
from HSH's editorial survey -- updated daily!

Here's a small random sample of loan rates drawn from the survey of objective information we collect every day. Our database contains current data on thousands of loans from lenders coast to coast -- including jumbo loans.

Unlike other 'surveys,' and other Web sites, these mortgage rates are not advertisements. HSH contacts over 2,000 lenders across the country every week -- the same objective survey we've conducted for over 25 years. Our data is so reliable that it's used by Fortune 500 companies, government agencies, the media, and other clients.

These are representative of loans which may be offered in your area, but we don't claim that these are the "best" available. There are many factors which make the "best" loan dependent upon your individual circumstance.

For much more information for your area, purchase one of our current in-depth surveys. Available via email (or hardcopy format), our surveys include dozens of lenders and loans -- including jumbos. hybrid ARMs, NYC co-ops, and more.

For even more choices, be sure to visit the Lender Showcase -- it's where lenders coast to coast advertise their best mortgage programs. Credit a little shaky? Visit the Bad Credit lender directory. Whichever you need, you'll find lenders advertising their best and most competitive mortgage rates and other loan programs.

All information is Copyright © 2008 HSH Associates, Financial Publishers, Pompton Plains NJ. All rights reserved.

Lender State Phone Lending Area % Adjustment
period
 Term % down
 Rate %
 Points
 Maximum Loan
$1,000		 Index
CHASE HOME FINANCE TX 817-856-5230 ALL TEXAS 1 30 5 7.125 1 417 LIBOR
CHASE MANHATTAN BANK NJ 201-612-9305 NORTHERN NEW JERSEY 1 30 10 6.5 2 417 LIBOR
CHASE MANHATTAN MORTGAGE NY 212-696-3190 ALL NEW YORK 1 30 10 6.5 2 417 LIBOR
CHASE MANHATTAN MORTGAGE NY 516-733-3860 ALL NEW YORK 1 30 10 6.5 2 417 LIBOR
CHASE MANHATTAN MORTGAGE PA 215-641-0900 ALL PENNSYLVANIA 1 30 10 6.5 2 417 LIBOR
KEY BANK NY 518-449-4082 ALL NEW YORK 1 30 20 6.875 4.125 1000 LIBOR
KEY BANK NY 845-365-4816 ALL NEW YORK 1 30 20 6.875 4.25 1000 LIBOR
THE PROVIDENT BANK NJ 732-726-9700 ALL NEW JERSEY 1 30 5 5.625 0 417 1YT
WACHOVIA MORTGAGE CORP VA 757-591-5800 ALL VIRGINIA 1 30 10 6 0 417 LIBOR
WACHOVIA MORTGAGE CORP VA 804-320-6363 ALL VIRGINIA 1 30 10 6 0 417 LIBOR

Be sure to see our other loan samples:
15-Year FRMs 30-Year FRMs 5/1-Year Hybrid ARMs

Notes:

  • All interest rates and terms are subject to change without notice.
  • These lenders offer many different loan programs. If you want one that isn't listed, contact the lender directly.
  • The conforming loan limit for a one-family home is $417,000; two- to four-family homes have higher loan amounts.
  • Lenders which offer conforming loans almost always offer jumbo loans as well.

Need a comprehensive list of local lenders? HSH's surveys cover metropolitan areas coast to coast. Our Homebuyer's Mortgage Kit is just $20 (plus $3 s/h). If you don't want the Kit (which includes "How to Shop for Your Mortgage", you can have just the latest mortgage report emailed to you for just $10 (plus $1 s/h). It includes the application fee, APR, rate-lock info, index, margin, and caps on 3 or more loans per lender.

To order a report for your area, just call 1-800-873-2837 (Mon-Fri, 9am-5pm Eastern time); Visa and MasterCard accepted. Or use our secure online order form.

Column heading key

Lender: The institution. If a credit union, you'll need to contact them for membership information and details.

State: The state in which the lender is located.

Phone: The lender's contact number.

Lending Area: The area which the listed office serves.

Adjustment Period: How often the interest rate adjusts (in years).

Term:The total term of the mortgage.

Down Payment: The required down payment for the listed loan.

Interest Rate: The interest rate being charged for the listed loan.

Points: A fee, expressed as a percentage of the loan amount.
One point is equal to a 1% fee; a 1% fee on $100,000 would be a $1000 fee.

Maximum Loan: The maximum dollar amount available at the listed rates and terms.

Index Used: The name of the index used to govern rate changes.