Blog

Factors That Affect Your Second Mortgage Rates

February 18, 2015 by Admin
Share This Post       

 

Many homeowners can benefit from taking on a second mortgage. Some need the extra cash to fix up a second property or help their kid pay for college, while others just want to lower their payments.

Applying for a second mortgage is similar to applying for a first mortgage. However, interest rates are determined a little bit differently. So if you’re looking to take on another home loan, read on to figure out how different factors can affect your rates.

via Factors That Affect Your Second Mortgage Rates.

 
 

Topics

 

Popular Posts

 

Current Rates

 

Conventional Refinance
15 Yr. Fixed

As of: October 12, 2018

4.25%
RATE
4.353%
APR

Conventional Refinance
30 Yr. Fixed

As of: October 12, 2018

4.875%
RATE
4.949%
APR

VA Home Loan
30 Yr. Fixed

As of: October 12, 2018

5.000%
RATE
5.199%
APR

FHA
30 Yr. Fixed

As of: October 12, 2018

4.75%
RATE
5.534%
APR

FHA
15 Yr. Fixed

As of: October 12, 2018

4.25%
RATE
5.098%
APR
 
 
 

 

 

Read What People Say

 

SONJA JONES

"Thank you so much for your help with my refinance cash out. It was such an easy process with TexasLending."

 
 

Recommended For You

Take a closer look at the loan expertise and customer service that earned us the acclaim of Dallas/Ft. Worth for 10 consecutive years.

FIND A LOAN