The average 30-year fixed mortgage rate is 3.81%, down 16 basis points from 3.97% a week ago. 15-year fixed mortgage rates fell 16 basis points to 3.15% from 3.31% a week ago.

. Mac said Thursday the average rate on the benchmark 30-year mortgage fell to 3.73% from 3.84% last week. By contrast, a year ago the rate stood at 4.55%. The average rate for 15-year, fixed-rate.

It now stands at about a two-year low. The 15-year fixed-rate mortgage averaged 3.26%, down from 3.28%. The 5-year treasury-indexed hybrid adjustable-rate mortgage averaged 3.51%, down 1 basis point.

A 15-year fixed-rate mortgage maintains the same interest rate and monthly payment over the 15-year loan period. The 15 year fixed-rate mortgage allows the borrower to pay off the mortgage faster and typically has a low interest rate. But monthly payments are usually higher than with other mortgages.

2019 MIP Rates for FHA Loans Up to 15 Years. Homebuyers who can afford to pay off their loans quicker and opt for a shorter term, such as a 15-year mortgage, will benefit from lower mortgage insurance premiums, as follows:

30 Year Fha Rate 30 Yr Fixed Fha Rates Barry Habib, a well-known mortgage rate commentator, says mortgage rates will be "the lowest they’ve ever been" in the next 12 months. Yes, lower than the 3.31%, 30-year fixed average seen.Mortgage Interest Rate forecast for July 2020. Maximum interest rate 4.11%, minimum 3.87%. The average for the month 4.00%. The 30 Year Mortgage Rate forecast at the end of the month 3.99%.

fixed-rate mortgage slipped to 4.06% from 4.07% last week. By contrast, a year ago the benchmark rate stood at 4.66%. The average rate for 15-year, fixed-rate home loans declined this week to 3.51%.

Fha 30 Year Rates Check the rates today and lock in your 30 year fixed rate. bankrate current home mortgage Rates. 30 Year FHA mortgage rate. On May 17, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 4.00 percent with an APR of 4.12 percent.

FHA mortgage rates hew closely to the mortgage rates on traditional home loans. If the average interest rate on a 30-year fixed-rate mortgage stands at 5.4 percent, you can figure that the average FHA mortgage rate is nearly the same. This makes these loans even more attractive.

Current Fha 30 Yr Fixed Rate AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q2 2019 Earnings Conference Call August 6, 2019 9:30. rates. During the quarter, we were able to lower our weighted average pay fixed rate down.

The average fee on 30-year fixed-rate mortgages rose to 0.6 point this week from 0.5 point. The average fee for the 15-year mortgage was unchanged at 0.5 point. The average rate for five-year.

Historically, the 15-year mortgage rate reached upwards of 8.89% in 1994 and reached a trough of 2.56% in 2013. US 15 Year Mortgage Rate is at 3.05%, compared to 3.20% last week and 4.08% last year. This is lower than the long term average of 5.44%.

15 Year Fha Rates These are a few of the substantial benefits of taking out a 15-year mortgage compared with a 30-year FHA loan. Lower interest rates. Real offers from the LendingTree show that people shopping for the best loans can expect to save around 25 basis points (.25%) on their mortgage rate by taking out a 15-year fha loan.