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The current average interest rate for a 30-year fixed mortgage is 7.29% for purchase, up 9 basis points since last Wednesday. For homeowners looking to refinance, the rate is 7.31% — up 11 basis ...
Adjustable-rate mortgage. A variable-rate mortgage, adjustable-rate mortgage ( ARM ), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/ base ...
See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
The current average rate for a 30-year fixed mortgage is 7.30% for purchase and 7.32% for refinance — up 8 basis points from 7.22% for purchase and up 13 basis points from 7.19% for refinance ...
Low-doc loans carry a higher interest rate and were theoretically available only to borrowers with excellent credit and additional income that may be hard to document (e.g. self-employment income). As of July 2010, no-doc loans were reportedly still being offered, but more selectively and with high down payment requirements (e.g., 40%).
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