Is 3.5 A Good Mortgage Rate

The average 30-year fixed mortgage rate fell 6 basis points to 3.91% from 3.97% a week ago. 15-year fixed mortgage rates fell 3 basis points to 3.28% from 3.31% a week ago.

On Wednesday, Oct. 9, 2019, the average rate on a 30-year fixed-rate mortgage rose six basis points to 3.99%, the rate on the 15-year fixed was unchanged at 3.48% and the rate on the 5/1 ARM was.

And in especially good news for buyers, FHA mortgage rates remained at historic lows as 2010 began. According to financial Web site Bankrate.com, the average interest rate on a 30-year fixed-rate mortgage loan, including those insured by the FHA, stood at 5.04 percent in mid-February.

That sounds like a rate on a 15 yr mortgage. I have not seen a 3.5% rate on a 30 yr mortgage in more than a year. If yours is in fact a 30 yr mortgage and you are not buying down the rate, I am amazed.

In September, the unemployment rate fell to 3.5%, the lowest rate since December. Fed Chairman Jerome Powell said the.

The DRUG ETF was, for a time, offering a dividend yield above 3.5% but that. all exchange rate risk. Hedging rarely, if ever, removes all of the risks of global investing and currency fluctuations.

5 Effective Ways to Get The Best Mortgage Rates A lower interest rate can save you thousands, even tens of thousands of dollars over the life of the loan. .25 percentage points can save you thousands over the course of a 30 year loan.

2Nd Mortgage Loans Rates 30 Year Mortgage Rates Over Time 30 Year Interest Rate Chart The U.S. homeownership rate in the second quarter dipped slightly from its level in both the first quarter of this year and one year earlier, but at 64. Mortgage Rate Watch Mortgage Rates Bounce.Although the difference in monthly payment may not seem that extreme, the 1 percent higher rate means you’ll pay approximately $30,000 more in interest over the 30-year term. Ouch! You can use our mortgage calculator to play with different rate scenarios, or check out the latest best mortgage rates to get a sense of where rates are today.

9 Questions to Ask Your Mortgage Lender! Over 30 years at a 3.5% fixed rate mortgage you’ll end up paying almost $125,000 in interest over the course of the loan. At a 6% mortgage rate, the total interest cost comes to more than $231,000, more than the actual mortgage itself.

As has been stated, 3.5% is a very good rate. However, not knowing your locale, or your overall credit quality, I couldn’t say if it’s the best in your market. Here’s a link that may help. average 30 year Fixed Mortgage Rates. By the way, whenever you decide on what you feel is the best rate for you, at that time, lock it in.

Dollar Bank Refinance Rates Smart Refinance: As of June 26, 2019, the fixed Annual Percentage Rate (APR) of 4.34% is available for 15-year first position home equity installment loans $50,000 to $250,000 with loan-to-value (LTV) of 70% or less. Rates may vary based on LTV, credit scores, or other loan amount.

How to read our rates. The current mortgage rates listed below assume a few basic things about you, including, you have very good credit (a FICO credit score of 740+) and you’re buying a single-family home as your primary residence.Check out the mortgage rates charts below to find 30-year and 15-year mortgage rates for each of the different mortgage loans U.S. Bank offers.