Is 3.5 A Good Mortgage Rate

Here’s another good reason to reach for one of the lowest mortgage rates in about three years: You probably won’t have much.

Will Mortgage Interest Rates Go Down Interest Rate 20 Year Fixed Us Bank 15 Year Mortgage Rates Chase Bank (Chase Mortgage) is advertising some of the best mortgage rates available these days for both refinancing and home purchases. For a fixed conforming 30 year mortgage Chase Mortgage is currently advertising a mortgage rate of 5.00 percent.On an unadjusted basis, the MBA’s composite index increased by 20% in the past week. The average interest rate for a 15-year fixed-rate mortgage slipped from 3.37% to 3.28%.Bankrate Current Mortgage Interest Rates NEW YORK, March 10, 2016 /PRNewswire/ — Mortgage rates inched slightly higher this week with the benchmark 30-year fixed inching higher to 3.87 percent, according to Bankrate.com’s weekly.The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) and a 20% down-payment jumped to 4.86% for the week ending May 18, the Mortgage Bankers Association (MBA) reported this morning.40 Year Fixed Rate Mortgage A 40-year fixed mortgage is a mortgage that has a specific, fixed rate of interest that does not change for 40 years. If you choose a 40-year fixed mortgage, your monthly payment will be the same every month for 40 years.

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.

What is a good 15 year mortgage rate – answers.com – Some of the good mortgage rates for colorado springs area range from 3.5-5%. This depends on the current market and because housing market has been erratic, so has been mortgage rates.. 30 year Mortgage Rates At 3.25%?

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."

That sounds like a rate on a 15 yr mortgage. I have not seen a 3.5% rate on a 30 yr mortgage in more than a year. If yours is in fact a 30 yr mortgage and you are not buying down the rate, I am amazed.

Interest Rate Chart History Historical Prime Rate Graph – Forecast-Chart.com – The historical average daily rate per month for Prime Rate is graphed above. updated tuesday, December 18. Compare US Interest Rates · Mortgage Rate.

Borrowers haven’t seen rates this low since the fall of 2016, and here’s what’s really stunning: Mortgage rates are down.

Note rates on a conforming first mortgage with a score of 720 or better is closer to 4.00 with no discount points and 3.75 with one discount point. You are going to have some pricing hits for a sub-720 score, but a good Mortgage Banker/Broker should be able to identify what little things you can do to tweak your score up those few extra points.

The Best Mortgage Rates Start With the Best Mortgage Lenders. There are a lot of mortgage lenders out there, many of which might be a good fit for you, depending on where you live, what kind of loan you’re seeking, and what your unique situation is. (If there was one perfect lender for everybody.

After that check for next 3-5 years or longer. Based on my past 3-6 months experience, if you are just talking interest rate for 30 years fixed with 30 amortization and 20% down for a good credit score. That’s a bad rate. You can get it at 5% rate easily if you shop around. Talk to a few mortgage broker and shop around.

Prime Rate Now Us  · The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the.