answersLogoWhite

0


Best Answer

The current interest rate on American mortgages is quite good. You go buy house now

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

Anonymous

Lvl 1
3y ago

4%

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is average interest rate on American mortgage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is an average interest rate for a pnc mortgage?

The average pnc mortgage interest rate is around 4.64 to 4.85%. Your credit cards can have a bearing on the interest rate if the qualify for the program.


What is the national average right now for mortgage interest rates?

The national average for a 30 year fixed mortgage rate is 4.89%. This rate can either increase or decrease depending on the loan ammount. As of March 6, 2010, the national average mortgage interest rate for a 30 year fixed rate loan is 5.31%. The national average mortgage interest rate for a 15 year fixed rate loan is 4.68%.


What is the average interest for lowest refinance mortgage rate?

The average interest for the lowest refinancing mortgage rate depends on the company and how long one has been paying the loan and the value of what is left. An example is one to four percent interest rate.


Does Abbey Mortgage have good interest rates?

Abbey Mortgage are mortgages in the United Kingdoms. They have an interest rate of 4.2 percent. That is about the same as an american interest rate, so I would say yes, they do.


Fixed Rate Mortgage vs. Interest Only Mortgage?

Fixed Rate Mortgage vs. Interest Only Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.


What is the normally range for a bank mortgage interest rate?

The average bank mortgage interest rate is around 3.05 percent. Keep in mind that this may vary based on other factors such as your credit score and the amount of the mortgage.


How do you write a letter asking reduction of interest rate on mortgage?

To write a letter asking for a reduction of your mortgage interest rate, you should include information that will explain why you feel your rate should be reduced, such as national average rates.


What was the rate of mortgage interest in 1965?

The mortgage rate in 1965 was about 6%.


What is the typical interest rate on a new mortgage?

The typical interest rate on a new mortgage can range greatly and depends very much on whether it is a fixed or a tracker mortgage. A tracker mortgage follows the national interest rate while the typical fixed interest rate is roughly 3.14%.


What is a fixed rate mortgage?

A fixed rate mortgage is a loan with an interest rate that does not change over time. Whatever the interest rate is when the loan is taken out, will be the interest rate for the entire duration of the loan.


What is the average interest rate on a 30 year fixed mortgage in Idaho?

I am not sure what the rate would be for Idaho, but according to national mortgage rates right now the average 30 year fixed rate is around 4.47 percent.


How does a fixed rate mortgage differ from an adjustable rate mortgage?

The interest rate on a fixed rate mortgage does not change over the life of the loan. An adjustable rate mortgage interest rate may change up or down depending on what the interest rates are, at the contracted time the loan is reviewed.