Construction Financing Rates

National Mortgage Rate Average Mortgage rates today remain at historical lows, with over 60% of mortgage holders paying rates between 3.00% and 4.90% as of 2015. We used interest rate data from Freddie Mac’s Primary mortgage market survey (PMMS) to examine historical mortgage rates and the factors that have impacted their downward trend.

The loan has one approval process, and one closing, simplifying the process and reducing the closing costs. Within this basic structure, there are several variations. Many charge a higher rate for the construction loan than the permanent financing.

When you are considering building your own home, you will need to look into construction loan rates instead of mortgage loan rates. Very few lenders will.

30 Year Fixed Fha Rates Fha Mortgage Rates Arizona 15 Year Fixed Refinance Rate VA 15 year fixed mortgage rates, Refinance Rates. – 15 Year Fixed Mortgage Rate Explained 15 year fixed mortgage is a loan program where the monthly payment (principal and interest) of the loan does not change during the 15 year life of the loan. Like the 30 year, and the loan is "amortized" so that it will be completely paid off by the end of 15 years.compare mortgage rates from multiple lenders in one place. It’s fast, free, and anonymous.