Blog

Where Are Mortgage Rates Headed? | Keeping Current Matters

March 5, 2015 by Admin
Share This Post       

 

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.

Below is a chart created using Freddie Mac’s February 2015 U.S. Economic & Housing Marketing Outlook. As you can see interest rates are projected to increase steadily over the course of 2015.

via Where Are Mortgage Rates Headed? | Keeping Current Matters.

 
 

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

 

JIMMY WILLIAMS

"Very efficient and quick! Loved the fact that everything but the closing was handled from my home computer!"

 
 

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