This is great news for people looking to buy or refinance a home because rates are at. and small-business loans. It affects adjustable-rate mortgages but typically not 30-year and 15-year fixed.

Published rates are for new SEFCU loans. The minimum loan amount is $5,000 and the maximum loan amount is $350,000. ^ Annual Percentage Rate 4.15% fixed APR for terms up to 5 years for credit qualified loans. This rate applies to loans up to a 50% Combined Loan-to-Value (CLTV). Maximum CLTV on Vacation Home loans may not exceed 70% CLTV.

Think about it: You buy a home, and then default on the loan a year later. All other things being equal, a variable rate mortgage will start with a lower rate than a fixed rate mortgage. Just.

Get An Fha Home Loan Interest Rate For 15 Year Mortgage US long-term mortgage rates down; 30-year average at 4.14% – The Fed, by setting interest rates, is struggling to produce inflation of roughly. rate mortgages was unchanged this week at 0.5 point. The average fee for the 15-year mortgage fell to 0.4 point.