Is 4 Percent Interest Rate Good

Mortgage Rates Last 5 Years U.S. Mortgage Rates Stabilize – The 5-year Treasury-indexed hybrid adjustable-rate mortgage or ARM averaged 3.48 percent, down from last week’s 3.51 percent. It was 3.83 percent a year ago. Sam Khater, Freddie Mac’s chief.

To answer if it is a good rate depends on a number of other items. 4.25 seems lower than the "normal" published rates at the moment. So to address your question one would have to know if it is a 30 year, 20 year, 15 year, adjustable rate mortgage. How many points are you paying. The more points you pay the lower your rate.

Is 4.4% a good rate on a refinance? I have an original loan of 165,000 with 110,000 remaining and I plan to live in the home for a while. But I’ve heard that rates are lower than this. 4.4% is better than what I have now, but is it good for the market right now?

What makes an interest rate "good" varies with the type of loan, and it changes over time. At different points in the 21st century, for instance, the average interest rate for a mortgage has been as high as 8.05 percent and as low as 3.66 percent. The basic principles for deciding when a rate is good don’t change, however.

10 Year Interest Only Loan Rates Interest only payments at a fixed rate for 10 years. After 10 years, the loan is recast to fully amortize the outstanding balance over the remaining 20 year term of the loan. 7/1 arm: interest only payments at a fixed rate for 7 years.Have Mortgage Rates Gone Down What mortgage rate history can tell us about the future.. interest rates go down. When rates rise.. After eight years during which annual average mortgage rates have been at or near record. mortgage rates are dropping to fresh lows. july could provide some of the lowest rates seen in over 2 years. This is the chance mortgage rate shoppers have.

Car loans, credit scores & interest rates  How do you compare? MSN also suggests that when you get above the 22.9 percent apr rate, it is a good idea to look at a secured card. A secured card requires a down payment, and these cards offer far lower interest rates.

The one inescapable bright spot in the quarterly statistics was consumer spending, which rose at a healthy annual clip of 4.3.

-What is the average interest rate that first time homebuyers, or any homebuyer, gets? -What decides how high or low an interest rate is? -Is an interest rate the same for everyone across the board at a given time or, does it vary at all times?(I ask because, i hear a lot of "this is the best time to buy a home/interest rates are at an all time low) Thanks!

The prime rate at the end of 2014 was 3.25 percent, a historical low that reflects a gradual decrease from when the prime rate peaked at 18.87 percent at the end of 1981.The prime rate rose during the late 1970s and remained high through the 1980s due to inflationary pressures and high unemployment rates; the government responded to these forces by using monetary policy to increase interest rates.

Rates For Fha Loans FHA-approved lenders can have different rates and costs, even for the same loan. fha loans are available through many sources – from the biggest banks and credit unions to community banks and.