Keyword Analysis & Research: rate mortgage today in georgia

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Frequently Asked Questions

What is the current mortgage interest rate?

National 30-year fixed mortgage rates go up to 3.69% . Additionally, the current national average 15-year fixed mortgage rate increased 4 basis points from 3.15% to 3.19% . The current national average 5/1 ARM rate is equal to 3.60% .

What is the best interest rate for home loans?

Historically speaking, anything below 4 percent is a very good mortgage rate. In today’s market, the best rates might be in the high 2 percent or low 3 percent range. Remember that the lowest mortgage rates go to borrowers with strong credit, few debts, and at least 20 percent down payment.

What are good mortgage rates?

What’s considered a good mortgage rate varies by loan type as well as what’s happening in the economy (e.g., demand for treasury bills, amount of inflation, level of unemployment). For instance, a good mortgage rate as of February 2021 is generally a fixed rate of 2.5% or less for a 15-year mortgage and 3% or less for a 30-year mortgage.

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