Current Mortgage and Refinance Rates
|Conforming and Government Loans|
|30-Year Fixed Rate||3.625%||3.738%|
|30-Year Fixed-Rate VA||3.25%||3.55%|
|20-Year Fixed Rate||3.49%||3.646%|
8 more rows
What is today’s rate for a 30 year fixed?
Mortgage rates today (APR)
|Loan type||Average rate||Change 1 year|
|30-year fixed mortgage rate||4.02%||0.71%|
|15-year fixed mortgage rate||3.59%||0.68%|
|5/1 ARM mortgage rate||4.39%||0.51%|
What is the current mortgage interest rate?
Current Mortgage Rates Comparison
The average 15-year fixed mortgage rate is 3.19 percent with an APR of 3.39 percent.
Will mortgage rates go down in 2019?
Freddie Mac has predicted this will be a year of low mortgage rates. The firmforecast says 30-year home loans will average 4.3% throughout 2019, down from an average 4.6% in 2018.
Is 30 year fixed mortgage good?
If you can afford the payment that comes with a shorter term loan such as a 15 year mortgage, the 30-year mortgage might not be a wise financial move. 15 year fixed-rates have mortgage rates that are as much as 1% lower than a 30 year fixed rate loan. No one enjoys paying interest on a mortgage.