/PRNewswire/ — In the first quarter of 2012, fixed-rate loans accounted for more than 95 percent of refinance loans. their loan term by paying off a 30-year loan and replacing it with.
15 year fixed mortgage rates 15 year fixed mortgages are popular choices for homeowners looking for a combination of stable monthly payments,a shortened loan life of 15 years versus a more traditional 30 year mortgage, and lower rates. 15 year fixed mortgage refinance are a great fit for homeowners looking to pay off their loan sooner, while taking advantage of today’s attractive mortgage refinance rates.
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Meanwhile, 30-year fixed-rate loans, at 3.35%, are within 0.04 percentage points of their all-time low last fall. About a quarter of refinancing applications in March were for 15-year fixed-rate loans.
The 15-year fixed-rate average fell to 3.89 percent with an average 0.4. of total loan application volume – increased 23.5 percent from a week earlier. The refinance index jumped 35 percent from.
TODAY’S RATES: 30 year fixed:. $0 costs. 15 year fixed:. HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline mortgages, Conforming mortgages.
The 15-year fixed-rate average slid to 3.53 percent with an average 0.4. of total loan application volume – decreased 0.6.
· Contents Payment. quicken loans home improvement Popular mortgage product 30-year fixed. 15-year fixed-rate mortgages. Several benchmark refinance rates decreased today. The national averages for 30-year fixed and 15-year fixed refinances both decreased. The average rate on 10-year fixed refis, meanwhile, also sunk. Bankrate’s rate table to compares.
The average rate on a 30-year fixed-rate mortgage fell one basis point, the rate on the 15-year fixed was unchanged and the rate on the 5/1 ARM was unchanged, according to a NerdWallet survey of.
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The 15-year fixed-rate average dropped to 3.60 percent with an average. of total loan application volume – decreased 4.3 percent from a week earlier. The refinance index fell 5 percent from the.