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The average rate for 15-year, fixed-rate home loans fell to 3.18 percent from 3.23 percent last week. Freddie Mac said the improvement hasn’t impacted home sales yet, but there could be higher home.
More than half of today’s cash-out totals is either. The average interest rate for a 15-year fixed-rate mortgage rose slightly from 3.28% to 3.30%. The contract interest rate for a 5/1.
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· We have been looking at different mortgage rates. For physician loans with 5-10% down, no PMI, and no early payment penalty, I’m getting 3.65% for 15 year fixed and a 15/1 ARM with 3.65% (term is 30 years). Obviously the ARM has a lower monthly payment, but if I were to pay extra every single month (equivalent to what the 15 year fixed would be), would I come out the same?
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. to an average of 3.77% in July from more than a seven-year peak of 4.94% in November, according to data from mortgage.
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(Points are fees paid to a lender equal to 1% of the loan amount and are in addition to the interest rate.) It was 3.81% a week ago and 4.54% a year ago. The 15-year fixed-rate average. a 20% down.
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The 15-year, fixed-rate mortgage fell to 3.15 percent from 3.31 percent. Create an account on Bankrate today to get your.