For today, Wednesday, April 14, 2021, the benchmark 30-year fixed mortgage rate is 3.180% with an APR of 3.360%. The average 15-year fixed mortgage rate is 2.440% with an APR of 2.690%.
The 15-year fixed mortgage rate fell 6 basis points to 2.56% from a week ago. Additional mortgage rates can be found in the chart and graph below. 3-month trend
The mortgage rates vary depending upon the type of loan that will be acquired by the consumer. For instance, in February, 2010, the national average mortgage rate for a 30 year fixed rate loan was at 4.750 percent (5.016 APR). The 15 year fixed is currently at 4.125 percent (4.312 APR) and the 5/1 ARM is at 3.875 percent (3.122 APR).
What is the current interest rate for a reverse mortgage? Presently the lowest fixed interest rate on a fixed reverse mortgage is 3.06% (4.06% APR), and variable rates are as low as 1.83% with a 1.75 margin.
Apr 14, 2021 · Our Weekly Mortgage Rate Trend Survey summarizes where mortgage professionals think mortgage rates are headed in the future. Interest Rate Trends Three month, one year, three year and long-term trends of national average mortgage rates on 30-, 15-year fixed, 1-year ( CMT -indexed) and 5/1 combined adjustable rate mortgages.
Mar 24, 2021 · 20-year mortgage rates. The average 20-year mortgage rate today is 3.071%, up 0.016% from yesterday's average of 3.055%. A loan at today's average rate would cost you $558 per month in principal ...
View Quicken Rocket Loan rates on realtor.com®. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages.
Annual Percentage Rate (APR) The cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees. For home equity lines, the APR is just the interest rate.
Current Mortgage Rates from Super Brokers Below you will see each of the terms available: 6-month, 1-year to 5-year, 7-year, 10-year and variable. Not only will the change from the previous rate be listed, so too will the date that the change took place.
Apr 08, 2021 · Mortgage Rates Drop April 8, 2021. After moving up for seven consecutive weeks, mortgage rates have dropped due to the recent, modest decline of U.S. Treasury yields. As the economy recovers, it should experience a strong rebound in the labor market. Combined, these positive signals will continue to bolster purchase demand.