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.

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The average rate for a 30-year fixed rate mortgage is currently 4.90%, with actual offered rates ranging from 3.63% to 7.61%. Find out how mortgage rates look in different states and whether it makes sense for you to refinance or purchase in today’s market.

Prequalified For Home Loan Preapproval For A Loan How Do I Get Pre-Approved for a Mortgage? – pre-approval letters typically include the purchase price, loan program, interest rate, loan amount, down payment amount, expiration date, and the property address.Va Home Loans Texas VA Home Loans | Willow Bend Mortgage – VA loans are U.S. government-backed home mortgages for veterans, individuals currently serving in the U.S. military, reservists, and surviving, non-remarrying.5 Things You Need to Be Pre-approved for a Mortgage – A mortgage pre-qualification can be useful as an estimate of how much you can afford to spend on your home, but a pre-approval is much more valuable because it means the lender has checked your.

15-year FRM averages 3.16% vs. 3.25% in the previous week and 4.04% at this time a year ago. 5-year Treasury-indexed hybrid adjustable-rate mortgage averages 3.39% vs. 3.48% in the previous week and 3.

Looking for today’s mortgage rates? Get home loan rates, mortgage interest rates, refinancing rates, and 30 year and 15 year fixed mortgage rates.

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May 23 (Reuters) – Interest rates on U.S. 30-year and 15-year fixed-rate mortgages decreased to their lowest levels in 16 months in step with lower U.S. bond yields amid worries about trade tension.

KEYWORDS Freddie Mac Housing market mortgage rates primary Market Survey This week, the 30-year fixed-rate mortgage averaged 3.75%, slightly rising from last week’s 3-year low of 3.73%. higher with.

A 15 year can be compared to the following: 30 year mortgage – The 30 year is the most frequently used option. Like the 15 year, the 30 year has a fixed payment over the life of the loan. The main difference is that the 30 year is paid over a period twice as long, which leads to lower monthly payments.

Over the past 48 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012. mortgage rates today remain at historical lows, with over 60% of mortgage holders paying rates between 3.00% and 4.90% as of 2015.

Compare today?s mortgage and refinance rates from Citi.com. View current mortgage rates on 30 year and 15 year fixed mortgages. Get a customized rate and see more loan options.

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Today’s Mortgage Rates. 30 Year Fixed. Enjoy a low, fixed monthly payment for the life of the loan. 15 year Fixed. Pay off your mortgage faster and save money on interest over the life of the loan.. compare our mortgage rates and closing costs for conventional, jumbo, USDA, FHA or VA loans.