The average for a 30 year fixed rate mortgage held steady but the average rate on a 15 year fixed trended upward.
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On saturday october 03 2020 according to bankrate s latest survey of the nation s largest mortgage lenders the benchmark 30 year fixed mortgage rate is 3 080.
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Mortgage rates showed no clear direction today.
Estimated monthly payments shown include principal interest and if applicable any required mortgage insurance.
Arm interest rates and payments are subject to increase after the initial fixed rate period 5 years for a 5 1 arm 7 years for a 7 1 arm and 10.
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Mortgage rates valid as of 01 oct 2020 09 06 am cdt and assume borrower has excellent credit including a credit score of 740 or higher.
The current mortgage rates listed below assume a few basic things about you including you have very good credit a fico credit score of 740 and you re buying a single family home as your primary residence check out the mortgage rates charts below to find 30 year and 15 year mortgage rates for each of the different mortgage loans u s.
What to know about the above mortgage refinance rates.
Rates shown are based on a conforming first lien purchase mortgage loan amount of 175 000 for a single family owner occupied residence with a maximum loan to value ratio of 75 a 0 25 interest rate discount 1 2 for a qualified client with eligible keybank checking and savings or investment accounts mortgage rate lock period of 60 days.
This bank profile is not an endorsement or advertisement for the bank s products and services.
Rates shown are based on a conforming first lien position rate and term refinance mortgage loan amount of 175 000 for a single family owner occupied residence with a maximum loan to value ratio of 75 a 0 25 interest rate discount 1 2 for a qualified client with eligible keybank checking and savings or investment accounts mortgage.
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