Get your Mortgage Rates | Refinacne Rates | Current Mortage and Refinance Rates - Pureloan.com

As we Compare current mortgage rates , shall we commence by looking at the weekly trends? The mortgage rates today stand as follows, according to one company:   ●        30-year fixed – 5.83% ●        15-year fixed – 5.06% ●        10-year fixed – 5.04% ●        5/1 ARM – 4.29%   Talking of average rates, the 30-year fixed mortgage attracts 5.61% and that represents a decrease of 22 basis points compared to a week ago. Similarly, refinance rates have also decreased over the past week, both for the 30-year fixed refinance and the 15-year fixed refinance.   Meanwhile, for the sake of comparison, check out a second company. They claim that the national average 30-year fixed mortgage APR stands at 5.620% while it is 4.900% for the 15-year fixed mortgage APR. Seeking quotations, we have samples for the 30-year fixed mortgage, 20-year and...

Make the home dream a vibrant reality in the years to come! Before diving into the forever-changing mortgage rates on a national and state level, get clear about the basics of Mortgage Loans . Some requirements include a stable income and a good credit score of over 740. A down payment on the total cost of the home would be required. A maximum conforming loan amount applies. If required, mortgage insurance would apply. The different kinds of Mortgage Loans ●         The conventional fixed-rate mortgage are most common in Texas where the interest rate remains the same. ●         In comparison, the adjustable-rate mortgage has varying interest rates according to the impact of market forces. ●         FHA or Federal Housing Administration mortgage is standard in Texas too and allows for the lower down payment but requires mortgage insurance. ●     ...