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Approximately, what is the current mortgage rate?

Updated: 9/16/2019
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12y ago

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Right now the approximate mortgage rate is 3.5%. Of course this rate can vary based on your credit history and the company.

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12y ago
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Q: Approximately, what is the current mortgage rate?
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What is the current refinance mortgage rates?

If you are refinancing your mortgage for a 30 year fixed rate you can expect a rate of about 4.250% and if you are refinancing your mortgage for a 15 year fixed rate you can expect a rate of about 3.375%. Of course, this will vary with credit rating, current mortgage standing, etc.


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How will the current bank rate affect the terms of my mortgage?

The current bank rate is one factor to how much interest you will pay on your mortgage. If the rate is very high, your interest will also higher, limiting how much you can take out in a mortgage and what house you can buy.


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The average mortgage rate is different for each state. Mortgage rates also vary based on the length of the mortgage and the person's credit score that is applying for the mortgage. To estimate the average mortgage rate for your state you could visit mortgagecalculator.org.


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Mortgage rates differ from day to day, but there is always an overall rate which you can use as a guide. As of August 2012, the current mortgage rate stands between 2.6% and 3.0%.


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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.


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What is the current best fixed mortgage loan rate?

Finding the current best fixed mortgage loan rate depends on ones location. In the UK Money Supermarket is a good site to compare rates and they list Chelsea Building Society as the current lowest rate on 1.74%.


What is the current prime mortgage rate?

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What is the approximate home mortgage rate for a home in Florida?

According to information on the website BankRate, the current approximate home mortgage rate in Florida is 4.05%. This is when taking out a 30 year home mortgage.