Mortgage rates move lower for just the second time this year – Mortgage. the 30-year fixed-rate average slipped to 4.44 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.45 percent a week ago.

pre-approval letter for mortgage If you’re granted a pre-approved mortgage loan, the lender gives you a pre-approval letter, which says your loan will be approved once you make a purchase offer on a home and submit the following documents: the purchase contract, preliminary title information, appraisal and your income and asset documentation.

Looking for a long-term mortgage with an unchanging rate for the life of the loan? NerdWallet’s mortgage rate tool can help you find competitive 30-year fixed mortgage rates for your home. or if.

View daily mortgage and refinance interest rates for a variety of mortgage products, and learn how we can help you reach your home financing goals.. 15-year fixed Rate: 3.5%: 3.683%: 7/1 ARM: 3.875%: 4.563%: 5/1 ARM: 3.75%:. wells fargo home Mortgage is a division of Wells Fargo Bank, N.A.

best first time mortgage lenders

Compare Today's 15 Year Mortgage Rates | SmartAsset.com – 15-Year Fixed Mortgage Rates . A homebuyer who qualifies for a 15-year fixed-rate mortgage makes fixed payments over the course of 180 months, instead of the 360 months with a 30-year fixed-rate mortgage.

A 15-year fixed-rate mortgage is ideal for buyers who want to minimize interest payments and pay off their loan faster. Get the latest interest rates for 15-year fixed-rate mortgages.Be sure to.

Current Fifteen Year Mortgage Rates Available Locally. The following table shows current 15-year mortgage refinancing rates available in Los Angeles. You can use the menus to select other loan durations, alter the loan amount, or change your location.

what is a good fico score to buy a house uniform residential loan application sample

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. Mortgage rates change daily based on the market. Here are today’s mortgage rates. 15-Year Fixed. 3.875%.

fannie mae mortgage requirements Fannie and freddie announce expanded harp Eligibility Dates – In a move some borrowers and originators might consider "too little, too late" both Fannie Mae. guidelines are revised. Best execution rates in May 2009 rose from 4.69 to 4.88%, versus the current.

For example, a 15-year mortgage of $300,000 with a 20% down payment and an interest rate of 4% would have a monthly payment of about $1,775 (not including taxes and insurance). And that monthly payment and interest rate will never change for the duration of the loan, unless you refinance with different loan terms.

15 Year Mortgages – Current Mortgage Rates Today – Should You Choose a 15 Year Mortgage Rate? At first glance, anyone that might consider taking on a 15 year mortgage might find the notion not only a logical choice, but a reasonable option as well. While the monthly payments are indeed larger, the obvious end-game results in the homeowner being able to pay off the mortgage in half the standard time of 30 years.