3.25 Interest Rate Mortgage

Mortgage interest rates have started heading back down again this week. Home mortgage rates have been hovering in a range of 5.00 percent to 5.50 percent for over a month now. Home mortgage interest rates have been whipsawed by positive and negative economic news almost on a daily basis.

Annual interest rate on new mortgage The interest rate you can get on your refinanced mortgage. This should be lower than the interest rate on your existing mortgage. Number of months The number months you will be paying on your refinanced mortgage loan. 30 years = 360 months, 20 years = 240 months, 15 years = 180 months.

Even at 3.25%, Refinancing Makes NO SENSE! Here’s Why. by Darwin on October 16, 2011. There’s an old rule of thumb that if you can refinance at an interest rate 1% or more below your current rate, it’s a good deal.. with record low mortgage rates, many people are jumping from 30 year.

(RTTNews) – Mortgage rates or interest rates on home loans remained steady for this. The 15-year FRM this week averaged 3.25 percent, down from last week’s 3.26 percent. A year ago at this time,

Jumbo Construction Loan Rates There are no ACH discounts for loan amounts over $1,000,000. This discount does not apply to all mortgage products. quoted rate displayed for 30 Year Fixed Jumbo mortgage is for loan amount greater than $484,350. Quoted rate displayed for 15 Year Fixed.

Its fixed-rate refinancing mortgage costs only 3.25% with no points and $1,190 in lender fees. This interest rate is nearly a quarter point lower than the record-low national average of 3.48% for 15-year mortgages. The monthly payments are higher than with a longer loan.

Fixed-Rate VA Loans Rates. The interest rate on a fixed-rate mortgage never changes during the life of the loan. You can choose a fixed-rate loan with payments over 30 years, 25 years, 20 years, or 15 years. Typically, the shorter the loan life, the lower the interest rate. A loan specialist can help you sort through the pros and cons of each.

What is the interest rate on a VA loan? Mortgage Loan of $150,000 for 30 years at 3.25%. Loan Amount $ Interest Rate. Length %. Loan Table for $150,000 loan for 30 years at 3.25% interest. Amortization Table. How much goes to interest? How much to principal? What’s the loan balance?

What is a 15-year fixed-rate mortgage? A loan used for purchasing or refinancing a home with an interest rate that never changes and a repayment term of fifteen years. Why choose a 15-year fixed-rate mortgage (FRM)? Like its 30-year sibling, your interest rate (and the mortgage’s principal and interest payment) will never change.

Current Mortgage Percentage Rates Average Mortgage Rates chart national average mortgage rates 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 serious delinquency rate of 1.4% this January was the lowest for that month since 2001 when it was also 1.4% and was the lowest for any month since September 2006 when it was also 1.4%. The share.