Mortgage rates continue their ascent but remain below last month’s levels – Mortgage rates continued to head back up this week. It was 4.12 percent a week ago and 4.47 percent a year ago. The 15-year fixed-rate average ticked up to 3.62 percent with an average 0.5 point..
Benefits of a 15 Year . There are many benefits of selecting a 15 year loan. Some of the main benefits are: Low Interest Rate – As mentioned earlier, a 15 year normally comes with an interest rate of .50% to .75% lower than a 30 year rate. Coupled with the fact that the loan is paid off much quicker, a 15 year will save a borrower thousands of dollars each year in interest payments.
Fha Loan Process Time Fha Home Loan Lenders Current 30 Yr fha mortgage rates miami Cash Buyers Near Double the National Home Buying Average – According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage decreased to 4.37 percent in. Department of Business and Professional Regulation and FHA. 7.25.Best Lenders for FHA Loans in March 2019 – NerdWallet – You might think all federal housing administration lenders are the same. But even when you’re looking for an FHA loan , it’s always smart to shop at least three lenders.