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This depends on the bank you are working with, as well as your credit rating. An average rate can be about 4.7%, but this may vary regionally, and based upon the type of house being purchased.

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Q: What are current mortgage rates for houses?
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Related questions

What are the current mortgage fixed rates?

The current mortgage fixed rates depend on which bank your mortgage is with and how long your mortgage is for. A Wells Fargo 30 year mortgage is 3.75%.


What are the current mortgage rates for a 30 year mortgage with a 7 year arm in Provo, UT?

The current mortgage rates for a 30 year mortgage with a 7 year arm in Provo, UT? is 5.11%. You can get the latest rates at www.bankrate.com/utah/mortgage-rates.aspx


Which of the following tends to result in a decrease in the selling price of houses in area?

an increase in mortgage interest rates


Where can I get information on current average mortgage rates?

You can get information on current average mortgage rates from websites like Zillow, HSH, Mortgage Calculator, Freddie Mac, Bank Rate and Mortgage News Daily.


Can I get daily updates of the current mortgage rates?

If you sign up for a bank's newsletter, or request specific updates on mortgage information, then yes, you will be informed of current mortgage rates on a daily basis.


What tends to result in an increase in the selling price of houses in an area?

An increase in mortgage interest tates.


Where can one find the current home mortgage rates?

One can find current home mortgage rates from: Money Supermarket, Money Savings Expert, Which Mortgage Advisors, Bank Rate, Mortgage News Daily, to name a few.


What are the current rates offered by abbey mortgage?

Abbey Mortgage rates are between 5 and 6 percent for the current year, 2011. They claim to have reduced rates, however, may naysayers are stating their rates have actually increased.


Where can you get a list of bank mortgage rates?

You can get a list of bank mortgage rates directly from the bank that you want to work with. You can also get the current mortgage rate from a realtor, but these rates will change periodically.


What is required to get the best refinance mortgage rates?

Getting the best refinance mortgage rates depends on a few factors. They can include the amount already owing on the current mortgage and the current financial situation of the client.


Are current home mortgage rates lower?

In the current economy, home mortgages rates are a lot lower and easier to maintain. With the current economy and low mortgage rates it is also to purchase foreclosed homes at a very low price.


Where can a person get current mortgage rates?

One can get mortgage rates by contacting a mortgage company, such as a banking institution. An example would be by visiting Bank of America and talking to a mortgage expert.