Refinance Mortgage Rate Trend Chart
Interactive historical chart showing the 30 year fixed rate mortgage average in the united states since 1971.
Refinance mortgage rate trend chart. Mortgage rates next 90 days. The 15 year mortgage rate is the fixed interest rate that us home buyers would pay if they were to take out a loan lasting 15 years. Rates displayed are amerisave s historical 30 year fixed. 10 16 36 percent of the experts on bankrate s panel predict rates will rise while 27 percent expect rates to hold steady and 36 percent think rates will fall.
Is now a good time to refinance. 15 year mortgage rate is at 2 42 compared to 2 46 last week and 3 06 last year. This is lower than the long term average of 5 34. The weekly mortgage rate chart above illustrates the average 30 year fixed.
Additionally the 15 year fixed mortgage rate was 2 70 and for 5 1 arms the rate was 3 07. Search local rates in your area and learn which factors determine your mortgage interest rate. In the week ahead sept. The average rate for a 30 year fixed rate mortgage is 3 10 percent rising 7 basis points over the previous seven days.
This chart shows past mortgage rate trends plus predictions for the next 90 days based on current events and 2020 forecasts from major housing authorities. Check zillow for mortgage rate trends and up to the minute mortgage rates for your state or use the mortgage calculator to calculate monthly payments at the current rates. 30 year fixed mortgage rate historical chart.