Is 4.5 A Good Mortgage Rate

 · 7 Responses to “Just Locked In a 3.75% Fixed Rate 30-Year Mortgage” Evan September 26, 2011 I have a friend who refinanced 9 months ago at 4.5% for a 15 year mortgage who just refinanced again.

During the week encompassing the MLK holiday last year the composite index rose 4.5 percent and both the Purchase and the Refinance Indices moved higher. "Mortgage applications for purchase and.

You can’t reliably use the chart to calculate the monthly payment for an adjustable rate mortgage, except for the initial period; after that, of course, the rate, the term (and the payments) will be different. Using The Mortgage Payment Table This chart covers interest rates from 2% to.

is 5% 30 year fixed a good rate? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

Find Best Mortgage Rates 3 Ways to Find The Best Mortgage Rates – wikiHow – How to Find The Best mortgage rates. receiving a low interest rate on your new home or property can save you thousands of dollars over the life of your home loan. To make sure that you score the best rate you can, you should compare offers.National Average Mortgage Rate Today National averages: Looking at averages from another data source, the 2017 National Profile of Home Buyers and Sellers shows a national median purchase price of $235,000 and a median down payment of 10 percent of the purchase price. With that information, you can calculate a loan size of $211,500. Applying current mortgage loan rates, you can estimate the following average monthly mortgage pay

Based on your credit score yes this is a very good interest rate. The alternative would be for you to have a lower credit score and a higher interest rate. There are no two loans that are alike, nor interest rate.

 · 4 Smart Reasons To Refinance A Mortgage.. and look at three other good reasons to consider a mortgage refinance.. the current 30-year fixed rate hovers between 4% and 4.5%.

Mortgage Rate At Lowest Levels Hi Jenny. That first would depend on whether you are refinancing into a 30 year or a 15 year fixed. If it is a 30 year fixed, 4.4% is not bad with NO POINTS and low fees. Assuming you have excellent credit, 4.375% with no points and 4% with 1 point should be where you would want to be.

It’s a good idea to apply for a reverse mortgage with several. So if LIBOR is 2.5% and the lender’s margin is 2%, your reverse mortgage interest rate will be 4.5%. In early 2018, lenders’ margins.

Current Fed Discount Rate Mortgage Rates Drop – Freddie Mac – Mortgage Rates Drop May 30, 2019. While economic data points to continued strength, financial sentiment is weakening with the spread between the 10-year and the 3-month Treasury bill narrowing as fears of the impact of the trade war with China grow.

One of the most common types of adjustable rate mortgages, the 5/1 ARM, features a fixed rate for 5 years, after which the rate resets once per year up or down based on the level of interest rates.

Interest Rates Us Historical Historical Yield Curve – Fidelity Investments – Historical Yield Curve. They were right. As the GDP chart above shows, the economy was expanding at 3% a year by 1993. By October 1994, short-term interest rates (which slumped to 20-year lows right after the 1991 recession) had jumped two percentage points, flattening the curve into a more normal shape.

View today’s mortgage rates for fixed and adjustable-rate loans. Get a custom rate based on your purchase price, down payment amount and ZIP code and explore your home loan options at Bank of America.