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What is the average mortgage rate?

Updated: 9/13/2023
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16y ago

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FreddieMac.com shows the average rates for the past week.

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Q: What is the average mortgage rate?
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What is the average current mortgage rate?

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.


What is chicago's average mortgage rate for urban areas?

The average mortgage rate for urban areas in Chicago is constantly changing. It also depends on how your mortgage is fixed. Right now the average rate is 4 -5 percent.


What is the average rate of a 5 year mortgage?

The average rate of a 5 year mortgage in Canada seems to be just over 3%. The rate can go up or down depending on if the mortgage is closed or variable.


What is the average rate for a mortgage loan?

The average rate for a mortgage loan would depend on the rates for the day that you are inquiring. Rates may change on a daily basis. Today's average rate is 3.25%.


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 house mortgage rate?

There are many factors that can play into your house mortgage rate such as age and credit history as well as the size of your loan. On average, a mortgage will run you about 3% to 4.5%


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.


Is the Massachusetts mortgage rate currently higher or lower than average?

The national mortgage rate is currently at 4.02%. The Massachusetts mortgage rate is currently lower than the national mortgage rate by 5 basis points.


What is the average home mortgage loan rate in WI?

The average mortgage loan rate in Wisconsin is around 4.49%. That is based on a 30 year fixed average. A 15 year fixed home mortgage loan average is around 3.65%.


What is the average mortgage percentage rate in the state of Colorado?

Average Mortgage rate in Colorado depends on your choice of a 15 year mortgage or a 30 year fixed mortgage. There are also other variables. if you chose the 15 year mortgage, it would be around 2.75%. If you choose the 30 year fixed mortgage, your rate would be around 3.7%.


What is the average mortgage rate in Texas?

"The average mortgage rate ranges from 3.2 to 4.1% in Texas, depending on the mortgage company you choose and your current credit score. Also, it may vary with the type and area of property you are looking at."


What's the best mortgage rate in the Chicago area?

Mortgage rates in the Chicago area tend to be higher than the average mortgage rate in illinois. Most companies do not differ in the mortgage rate they offer, but some do offer special deals.