Rates and program information are deemed reliable but not guaranteed. Rates on this page are based on the purchase of a single-family, single-unit, detached, primary residence located in Richmond, VA (home of SunTrust Mortgage, A Division of SunTrust Bank). Rates also assume a 30 day lock and are subject to change without prior written notice.

Mortgage rates tend to be lower with 15-year fixed mortgages than 30-year fixed mortgage rates because lenders take into consideration that you’ll pay back the loan in a shorter amount of time. This can be advantageous to the lender as it can recoup the loan in half the time as a typical mortgage.

The average 30-year fixed mortgage rate is 3.97%, up 4 basis points from 3.93% a week ago. 15-year fixed mortgage rates increased 2 basis points to 3.31% from 3.29% a week ago.

Mortgage Center Purchase Rates.. 15-Year Fixed-Rate – purchase. effective date: august 12, FHA – 30-Year Fixed-Rate (Other Terms Available). Effective.

FHA offers at least 15 different insured mortgage programs. including a30-year, fixed-rate mortgage. FHA mortgages come with many benefits, especially for first-time home buyers. These include low.

Fha Par Rate This point on the rate sheet is a “par mortgage rate.” Move further along the rate sheet and you’ll see that mortgage rates higher than “par” creates cash commission in the form of Yield Spread Premium. Here’s an example to illustrate how mortgage rate sheets quote an interest rate: 5.75% (.5 point required) 5.875% (.25 point required)

The Secret Behind 15 Year Mortgage Rates What I see: Locally, well-qualified borrowers can get the following fixed-rate mortgages at zero points: A 15-year FHA (up to $431,250 in the Inland Empire, up to $484,350 in Los Angeles and Orange.

The average interest rates table presents fha-insured single family 30-year fixed rate home mortgages between 1992 and the present, by endorsement month and the number of cases. These estimates are intended to portray a pattern of the rising or falling of FHA single family 30-year fixed interest rates.

A 15-year mortgage can save you money in the long run. Interest rates on 15-year mortgages typically are lower than the interest rates on longer-term home loans, and you pay interest for a shorter time. Interest rate: 5.875% 4.875% 4.25% Mortgage payment: $842.97 $848.99 $977.96 1) Total payments include $16,000 of additional equity.

Calculate your mortgage rate today for a VA , FHA, Conventional, fixed or. See today's mortgage rates by entering your information.. 15 Yr Fixed 3.25%

Fha Rates Chart FHA Loan Rates for April 25, 2019 – ValuePenguin – Current FHA Loan Rates Online. The biggest advantages to FHA loans are the reduced down payment and credit requirements. The monthly payments in the chart above assume a down payment of 3.5%, which requires a credit score of at least 580.

Fha 15 Year Mortgage Rates – If you are no satisfied paying a high interest rate on your loan debt – than consider refinance your loans and see how much you could save up.

View current home loan rates and refinance rates for 30-year fixed, 15-year fixed and more. Compare rates to find the right mortgage to fit your goals.