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Popular Terms 30 yr Fixed |
20yr Fixed Refinance Mortgage Someone taking out a $165,000.00 20-year fixed refinance mortgage at the current average would pay $1,097.15 a month for the life of the loan. Nationally, the highest rate on a 20-year fixed refinance mortgage was 5.88 percent. The lowest rate was 4.62 percent. Six months ago, the average rate was 5.48 percent.
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Most Conservative Loan Product A 30-year fixed mortgage is a loan that has an interest rate that stays the same for the 30-year term of the loan. Someone taking out a $165,000.00 30-year fixed mortgage at the current average would pay $913.18 a month for the life of the loan. Nationally, the highest rate on a 30-year fixed mortgage was 6.50 percent.
The lowest rate was 4.50 percent. Six months ago, the average rate was 5.68
percent Most Aggressive Loan Product A 2-year ARM is an adjustable-rate mortgage (ARM) that has an initial interest rate for two years, and thereafter has an adjustment interval of 2-years. The adjustment is based on a comparison of interest caps and the indexed rate. Someone taking out a $165,000.00 2-year ARM at the current average would pay $454.47 a month for the first year of the loan. |
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Cash Out Refinance |
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This is not a commitment for a loan or an advertisement for credit. |
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