Mortgage Rates 5/1 Adjustable Rate Mortgage  Rate  APR  Points  6.125%  7.308%  0.000% 5/3 Adjustable Rate Mortgage  Rate  APR  Points  6.250%  6.996%  0.000% 30 Year Fixed  Rate  APR  Points  7.625%  7.710%  0.000% First Time Homebuyer FTHB 7/1 Adjustable Rate  Rate  APR  Points  6.125%  7.068%  0.000%