The average 30-year fixed mortgage rate rose 4 basis points to 3.96% from 3.92% a week ago. 15-year fixed mortgage rates rose 3 basis points to 3.26% from 3.23% a week ago.

In other words, if the prevailing rate on a 30-year loan is 4.5 percent, you should be able to lock in an interest rate of between 3.4 and 3.8 percent on a 20-year fixed refinance mortgage. 20-year fixed rate mortgages are also less of a monthly commitment as compared to a 15-year fixed mortgage.

30-year fixed rates fell by 9 basis points to 3.64%. In spite of falling yields, mortgage rates found support, leading to a 20 basis point rise over the last 2-weeks. The MBA also noted that.

Fannie Mae a month ago projected the average fixed rate would be 3.7% in the fourth. land constraints,” the forecast said. With more than 20 years of experience reporting on the housing and.

20 Year Fixed Mortgage Rate – If you are looking for an online mortgage refinance solution, then we can help. Find out if you can lower your monthly payment today.

10 Year Mortgage Loan Rates 30-year fixed rates fell by 5 basis points to 3.55% following a. According to the MBA report, Commercial and multifamily mortgage loan originations were 10% higher in the 2nd quarter, year-on-year.

The 15-year fixed-rate average ticked up to 3.20 percent with an average 0.5 point. The federally chartered mortgage investor aggregates rates weekly from 125 lenders from across the country to.

Home Loan Interest Rate Calculator Our refinance calculator uses today’s current rates. Once you enter your numbers and pressing "Calculate," you’ll see a list of recommended loans, terms and rates. If you like what you see, you can get started by contacting a Home Loan Expert or applying online with Rocket Mortgage .

The 30-year fixed rate has stayed between 3.55 and 3.60 percent the. Mortgage rates have drifted down 20 basis points. “mortgage lenders determine the rates they can/will offer based on MBS prices.

Home Interest Rates Texas compare home equity line of credit rates in Texas. Home Equity Loans – Rates are based on a fixed rate home equity loan for an owner occupied residence, second lien, 10 year or 15 year repayment terms with an 80% loan-to-value ratio for loan amounts of $50,000 or $50,000+.Best 15 Year Fixed Rate In 2016 the 15-year fixed-rate mortgage was the second most popular option after the 30-year. Borrowers save money two different ways by choosing a 15-year over a 30-year loan. The shorter loan duration typically comes with a interest rate that is about 0.25% to 0.5% lower than the 30-year option.

Advantages of a 20-Year Fixed-Rate Home Loan. The big advantage of a 30-year home loan over a 20-year loan is a lower monthly payment. However, for those who can afford the slightly higher payment associated with a 20-year mortgage are getting a better deal in almost every possible way.

Current 20-Year Mortgage Rates on a $230,000 Home Loan. By default 20-year purchase loans are displayed. Clicking on the refinance button switches loans to refinance. Other loan adjustment options including price, down payment, home location, credit score, term & ARM options are available for selection in the filters area at the top of the table.

A 20-year fixed rate mortgage is a home loan that has a repayment period of 20 years. It has an interest rate that does not change throughout the life of the loan.