Current 30 Year Home Mortgage Interest Rates

How bankrate s mortgage rates are calculated lenders.

Current 30 year home mortgage interest rates. Rates terms and fees as of 9 25 2020 10 15 am eastern daylight time and subject to change without notice. The average rate for a 30 year fixed rate mortgage is 3 07 percent an increase of 4 basis points over the past seven days. A month ago the average rate on a 30 year mortgage loan was. 30 year mortgage rates the average rate for a 30 year fixed rate mortgage is 3 13 percent up 11 basis points over the past seven days.

What are today s mortgage rates. On saturday october 03 2020 according to bankrate s latest survey of the nation s largest mortgage lenders the benchmark 30 year fixed mortgage rate is 3 080 with an apr of 3 300. It s fast free and anonymous. Unless fixed mortgage interest rates are high 30 year frms are usually the best choice especially for first time homebuyers.

The average 30 year fixed mortgage rate rose 1 basis point to 3 10 from a week ago. Recently average 30 year rates were below 4 but prior to the recession were above 6 and were as high as 18 45 in october of 1981. Stable payments make budget planning easier both now and into the future. The 30 year fixed fha mortgage rate is 3 080 with an apr of 3 780.

Interest rates tend to fluctuate significantly over time. Select a product to view important disclosures payments assumptions and apr information. A month ago the average interest rate on a 30 year mortgage was less. Compare mortgage rates from multiple lenders in one place.

The best time to get a 30 year mortgage the best time to get a 30 year mortgage is when interest rates are low. The 30 year fixed fha mortgage rate is 2 930 with an apr of 3 620. How bankrate s mortgage rates are calculated lenders. Is a 30 year fixed rate mortgage a good choice when buying a home.