Including fixed-rate and adjustable-rate options; Along with purchase loans and refinance loans; As you might suspect, conventional mortgage loans can be both fixed mortgages or adjustable-rate mortgages, including the 30-year fixed, 15-year fixed, hybrid ARMs, interest-only loans, and so on. Basically anything under the sun.

Mortgage loan rates for a top-tier 30-year fixed-rate loan dipped slightly to 4.27% last week. which typically lag the movement of conventional loans. The MBA’s refinance index decreased by 5% week.

 · FHA mortgage rates are typically 12.5 basis points (0.125%) or more below the rates for a comparable conventional 30-year fixed-rate mortgage. And, for loans with.

What Is A Mortgage Rate Mortgage: A mortgage is a debt instrument , secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages.

The interest rate carried by a conventional mortgage depends on several factors, including the terms of the loan – its length, its size and whether it has a fixed interest rate or an adjustable. Conventional Mortgage | MI & IN Fixed-Rate Mortgage | TCU – Enjoy affordable rates with a Conventional Mortgage from Teachers Credit Union in MI.

FHA vs Conventional Loans comparison chart & Pros and Cons. Infographic looks at loan limits, credit score requirements, rates and more for both loans.

 · Fixed 30 year jumbo mortgage rates are higher and fixed 15 year jumbo mortgage rates are lower. 3 Down Conventional Loan Requirements Here’s a rundown of the 3%-down conventional loan options, the qualification requirements, and some alternatives you might want to consider.