Average Mortgage Interest Rate By Year

In June (the most recent data available), 30-year VA mortgage rates averaged just 4.20% while conventional loans averaged 4.41%, representing a big discount if you’re a veteran.

The average mortgage rate for 15-year, fixed-rate home loans eased to 3.03% from 3.07. investors fleeing stocks to the safety of bonds have sent bond interest rates to record lows. The yield on the.

What Is The Current Market Rate The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the.

The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments.