What Are the Average Interest Rates for Home Mortgages?

Answer The average interest rates for home mortgages in 2009 stand at 5.57 per cent for a 30-year fixed mortgage loan and 5.07 percent for a 15-year fixed-rate mortgage, according to ... Read More »

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What are home equity interest rates?

A home equity line of credit allows borrowers to use their home as collateral for a line of credit. The interest rate tied to that loan determines the overall cost of the loan to the borrower.Signi... Read More »

What Is the Average Home Loan Interest Rate?

The average home loan interest rate in the U.S. is 5.58 per cent for a 30-year fixed mortgage loan. This national average is based on a July 2009 weekly survey that was conducted by Read More »

What is the interest rate for the average first time home buyer in Texas?

Interest rates have various factors, such as the prime rate (based on the 10 year Treasury bond), borrower's creditworthiness, length of the note and lender. A borrower's first-time buying status h... Read More »

How to Calculate TALC Rates for Reverse Mortgages?

"TALC," or total annual loan cost, is an important factor when either considering whether to get a reverse mortgage or whether to refinance or pay off an existing reverse mortgage. Calculating the ... Read More »