Mortgage Rate 15 Year Fixed

the 30-year fixed-rate mortgage averaged 4.07% for the week ending May 16, 2019, down from last week’s rate of 4.10%. A year ago, the rate was 4.61%. The 15-year frm averaged 3.53% this week, …

Current Interest Rates For Mortgage “Investors wary of the current economic situation due to … “A combination of low mortgage rates, a strong job market and … Today’s current interest rates and yield curve at Marketwatch. Mortgage rates for 30,

Mortgage rates hit the lowest levels in more than a month yesterday … Ted Rood, Senior Originator Today’s Most Prevalent Rates 30YR FIXED – 4.0-4.125 FHA/VA – 4.0% 15 YEAR FIXED – 3.875% 5 YEAR ARMS …

Assuming a $200,000 loan with interest rates of 6% for a 30 year and 5.25% for a 15 year, after just five years a borrower with a 15 year will have $35,000 more equity in their home than a person with a 30-year. After the 15 years, a person with a 30 year will still have $144,000 pinciple balance left.

A 15-year mortgage can save you money in the long run. Interest rates on 15-year mortgages typically are lower than the interest rates on longer-term home loans, and you pay interest for a shorter time. Interest rate: 5.875% 4.875% 4.25% Mortgage payment: $842.97 $848.99 $977.96 1) Total payments include $16,000 of additional equity.

A 15-year fixed mortgage is a loan with a term of 15 years that has an interest rate that is fixed for the life of the loan. For example, a 15-year mortgage of $300,000 with a 20% down payment and an interest rate of 4% would have a monthly payment of about $1,775 (not including taxes and insurance).

The average rate for 15-year, fixed-rate home loans declined this week to 3.53% from 3.57% last week. (Photo: Gene J. Puskar, …