Interest Rate Today 30 Year Fixed
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Interest rate today 30 year fixed. What are mortgage rates today. Lenders are taking on more risk by extending a rate for three decades so 30 year loans carry higher interest rates than 15 year loans. Rates terms and fees as of 10 05 2020 10 15 am eastern daylight time and subject to change without notice. Rates are quoted as annual percentage rate apr.
The 15 year fixed mortgage rate fell 4 basis points to 2 49 from a week ago. Additional mortgage rates can be. The benchmark 30 year fixed rate hit a record low of 3 52 percent during the week of july 6 2016 according to historical bankrate data. It s fast free and anonymous.
Employers added 661 000 jobs in september 859 000 expected unemployment rate fell to 7 9 8 2 expected breaking news oct 02 2020 tesla sales surge as global demand picks up speed. The average 30 year fixed mortgage rate fell 5 basis points to 3 05 from a week ago. What is today s 30 year fixed mortgage rate. For example many borrowers who select a 30 year fixed rate mortgage refinance well before even 10 years have passed.
Current rates are hovering near three year lows amid. On october 2nd 2020 the average rate on the 30 year fixed rate mortgage is 2 962. Is a 30 year fixed rate mortgage a.