What is the average 30 year fixed?
|30-Year Fixed Rate||3.970%||4.020%|
|30-Year FHA Rate||3.510%||4.100%|
|30-Year VA Rate||3.770%||3.880%|
|30-Year Fixed-Rate Jumbo||4.060%||4.070%|
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Likewise, people ask, what is the average 30 year fixed rate?
Current mortgage and refinance rates
|30-year fixed rate||3.219%||3.375%|
|20-year fixed rate||3.188%||3.414%|
|15-year fixed rate||2.643%||2.859%|
|5/1 ARM rate||2.768%||3.394%|
One may also ask, what's the average interest rate on a 30 year mortgage? The average rate for a 30-year fixed rate mortgage is currently 3.99%, with actual offered rates ranging from 3.13% to 7.84%. Home loans with shorter terms or adjustable rate structures tend to have lower average interest rates.
Similarly, it is asked, is 4.25 A good mortgage rate?
The new normal is 4.25 percent on the popular 30-year fixed loan. Some lenders are slightly lower, but not by much. Mortgage rates had been moving in a tight range throughout the first half of this year, generally around 3.75 percent—a little higher, a little lower.
Is 3.75 A good mortgage rate?
Mortgage giant Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortgage jumped to 3.75% from 3.69% last week. By contrast, the benchmark rate stood at 4.94% a year ago. The average rate on a 15-year mortgage increased to 3.2% this week from 3.13% last week.