Contents

Current Mortgage and Refinance Rates

Product | Interest Rate | APR |
---|---|---|

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.