Is 4 A Good Mortgage Rate

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.

Sale price is $264k, I’m getting a gift of equity for 13% of this, which makes my loan come out to $230k. My credit score is 800+. My broker told me that doing a Conventional loan will give me a 4.125% interest rate (no points). I have really excellent credit and was expecting less, but is expecting too much?

Prime Rate Interest Rate The prime rate has little direct effect on most mortgage interest rates. Only home equity loans and lines of credit are typically tied to the "Wall Street Journal's".

4.38% was the average rate for the nation this week on a 30 yr. So 4.5 is a very good number. Remember that advertized rates are for perfect credit scores and unless you are in that situation your rate will be slightly higher. tony Vega Charles Rutenberg Realty

15 Yr Fixed Refi Rates Average 30 year mortgage rates today are at 4.61 percent, down from the prior week’s average 30 year mortgage rate of 4.67 percent. Current mortgage rates on 15 year fixed loans are averaging 3.78 percent, a decline from last week’s average 15 year rate of 3.84 percent.

That is the rate I was quoted from both Chase and Wells Fargo through Pre-approval for a $250,000 loan. FHA rate was 3.75% My median credit score they used was 800. I know this is a good score, which is why I was expecting a lower rate. I am considering more shopping around, but wanted some input from others on the 4.125%.

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.

Good Rates Are Relative. Fixed-rate mortgage rates in the 3-percent range were virtually unheard of in the decades prior to 2012, according to average interest-rate data from Freddie Mac. As of the time of publication, the average rate on a 30-year fixed, conforming mortgage was just less than 4 percent, making rates in the 3-percent range "good.".

Don’t miss out! What a difference a year makes. In June 2018, homebuyers were getting 30-year loans at an average 4.57%. The dip in mortgage rates might be presenting you with a good opportunity to.

Mortgage rates are below 4.2%, (1/2 of the way to their post-Brexit low), so they. In the leverage index, a negative number is good, a positive poor. The historical breakeven point has been -0.5.

Average Monthly Mortgage Rates In return for this lower rate, the borrower must accept the risk that the interest rate on the loan most likely will rise in the future, thereby increasing the number of monthly mortgage payments. Mortgage interest rates today for five-year ARMs, on a national basis, are 3.12 percent, above the 15-year fixed rate but well below the 30-year.