Mortgage Rates

Mortgage Rates Dashboard

The Mortgage Rates page provides comprehensive mortgage rate information, loan calculators, and tools to help you make informed home financing decisions.


Dashboard Overview

The mortgage rates dashboard features:

  • Green gradient header with home/mortgage theming
  • Summary cards showing rates, calculators, and tools
  • Loan types reference with quick explanations
  • Interactive tabbed interface for rates and calculators

Key Features

📊 Summary Information

FeatureDescription
Current RatesLive mortgage rates updated daily
Loan CalculatorFree comprehensive loan calculator
Loan Types4+ mortgage types explained
All-in-One ToolsCompare and calculate in one place
TypeDescription
30-Year FixedMost popular for homebuyers - stable payments
15-Year FixedLower rate, faster payoff, higher payments
5/1 ARMLower initial rate, adjusts after 5 years
FHA LoanGovernment-backed, lower down payment

Interactive Tools

📈 Current Rates Tab

Real-time mortgage rates including:

  • 30-Year Fixed rates
  • 15-Year Fixed rates
  • 5/1 ARM rates
  • FHA rates
  • VA rates
  • Jumbo rates
  • Daily rate updates

🧮 Loan Calculator

Comprehensive mortgage calculator featuring:

  • Purchase price input
  • Down payment percentage
  • Loan term options
  • Interest rate scenarios
  • Property tax estimates
  • Insurance calculations
  • PMI calculations
  • Amortization schedule
  • Payment breakdown charts

Rate Types Explained

Fixed-Rate Mortgages

TermBest For
30-YearLower monthly payments, long-term stability
20-YearBalance of payment size and interest savings
15-YearFastest payoff, lowest total interest
10-YearMaximum interest savings, highest payments

Adjustable-Rate Mortgages (ARM)

TypeInitial Fixed Period
5/1 ARM5 years fixed, then annual adjustments
7/1 ARM7 years fixed, then annual adjustments
10/1 ARM10 years fixed, then annual adjustments

Government-Backed Loans

TypeDescription
FHALower down payment (3.5%), credit flexible
VANo down payment for veterans
USDARural property, no down payment

Understanding Mortgage Costs

Monthly Payment Components

  1. Principal - Amount borrowed
  2. Interest - Cost of borrowing
  3. Taxes - Property tax escrow
  4. Insurance - Homeowners insurance
  5. PMI - Private mortgage insurance (if < 20% down)

Key Terms

TermDefinition
APRAnnual Percentage Rate (true cost including fees)
PointsUpfront fee to lower interest rate
Closing CostsFees at loan finalization
LTVLoan-to-Value ratio

Data Sources

  • Mortgage News Daily: Real-time rate widgets
  • CMG Financial: Loan calculator tools
  • Multiple Lenders: Aggregated rate data

Technical Implementation

Technology Stack

ComponentTechnology
FrontendAngular 18 with Infragistics UI
Rates WidgetMortgage News Daily embed
CalculatorCMG Financial iframe
StylingSCSS with green/emerald theme

UI Components Used

  • IgxCardModule - Dashboard cards
  • IgxTabsModule - Tabbed navigation
  • IgxIconModule - Material icons
  • IgxButtonModule - Action buttons

Screenshots

Mortgage Rates View

Sravz-Mortgage-Rates

Loan Calculator

Sravz-Mortgage-Calculator


Disclaimer

Mortgage rates are updated daily and shown for informational purposes only. Actual rates may vary based on:

  • Credit score
  • Loan amount
  • Down payment
  • Property location
  • Loan type
  • Market conditions

Contact a licensed lender for personalized rate quotes.