Interest Rates Comparison

Home interest Rates Comparison

Mortgage Rates Mortgage rates are the interest rates assigned to a home loan, which is commonly known as a mortgage . Mortgage rates are based on the price of mortgage-backed securities (MBS), which are bonds backed by U.S. mortgages. Mortgage rates vary between conventional, FHA, VA, USDA, and jumbo loans; and, by mortgage lender. How Mortgage Rates Are Made Huge numbers…

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5 Year Mortgage Rates

The 30-year, fixed-rate mortgage fell this week to just above its all-time lowest level. And people already are taking advantage, flooding mortgage companies with refinance applications. The benchmark 30-year fixed averaged 3.52% this week. The record low is 3.5%, set in December 2012. I m betting that it will go even lower. At the same time, I encourage you to lock your rate…

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