1 2020 the average rate on a 30 year fixed rate mortgage was unchanged at 2 95 the average rate on a 15 year fixed rate mortgage dropped two basis points to 2 51 and the.
Today s mortgage rates 30 year fixed fha.
Considering that just two years ago interest rates of 6 percent were considered outstanding average rates just above 5 percent have to be considered historic.
Fha loans annual percentage rate apr calculation assumes a 255 290 loan 250 900 base amount plus 4 390 upfront mortgage insurance premium with a 3 5 down payment monthly mortgage insurance premium of 176 30 and borrower paid finance charges of 0 862 of the base loan amount plus origination fees if applicable.