Home Mortgage Rates

Fixed Rate Mortgages • Variable Rate Mortgages

In both cases, it is ultimately the decision of the mortgage lender what interest rate to charge on the loan. Of course, lenders that want to stay in business have to charge competitive interest rates that are on par with what other lenders are charging.

Home mortgage rates tend to fluctuate with the economy. When the Federal Reserve Board wishes to stimulate the economy and increase employment, it reduces the discount rate at which banks can borrow money from the Federal Reserve Bank; when the Fed is concerned about inflation, it raises the interest rate for bank borrowing. The discount rate indirectly affects the federal funds rate at which banks borrow money from each other. When banks can borrow at low rates, mortgage rates also tend to be low; when money is tight and banks themselves are paying high interest rates to the Fed, home mortgage rates also tend to be high.

Long-term inflationary expectations also affect home mortgage rates. When the federal government runs large deficits, it tends to result in higher inflation, so long term mortgage rates are likely to rise also.

Mortgage Rates and Quotes

Bankrate.com

This personal finance resource features current mortgage rates and interest rates, as well as calculators and mortgage rate trends. Use these handy mortgage calculators to calculate payments on mortgages and loans. Featured listing.
ww.Bankrate.com

Crown Financial Calculators

Crown Financial provides several calculators to help you evaluate the costs of buying a home and obtaining a mortgage.
www.Crown.org

Yahoo Mortgage Rates

Features current home mortgage rates by State and by Metro Region.
Finance.Yahoo.com

Related Mortgage Resource

Home Mortgage Loans - mortgage loan consumer guide.

Home Mortgage Rate Guide

Recent Mortgage Rate News

Pending home sales rebounded sharply in October, despite rising mortgage rates
Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September, according to the National Association of Realtors.
CNBC. Monday, 29 Nov 2021 18:43:10 GMT.
U.S. mortgage rates hold steady around holiday
The 30-year fixed mortgage rate last week remained unchanged from the prior week's 3.10%.
Dayton Business Journal Staff. American City Business Journals. Monday, 29 Nov 2021 12:39:10 +0000.

		Home Mortgage Rates

		Home Mortgage Rates > Federal Funds Rate • About Us
		Fixed Rate Mortgages • Variable Rate Mortgages Broadly, there are two types of home mortgages: fixed rate mortgages and variable rate mortgages (often called adjustable rate mortgages). A fixed rate mortgage has an interest rate that is fixed for the entire duration of the loan (most commonly 30 years) while a variable rate loan has an interest rate that changes. Variable rate loans are better known as ARMs (adjustable rate mortgages); the most common ARMs have interest rates that are fixed for a period of time and variable thereafter. In both cases, it is ultimately the decision of the mortgage lender what interest rate to charge on the loan. Of course, lenders that want to stay in business have to charge competitive interest rates that are on par with what other lenders are charging. Home mortgage rates tend to fluctuate with the economy. When the Federal Reserve Board wishes to stimulate the economy and increase employment, it reduces the discount rate at which banks can borrow money from the Federal Reserve Bank; when the Fed is concerned about inflation, it raises the interest rate for bank borrowing. The discount rate indirectly affects the federal funds rate at which banks borrow money from each other. When banks can borrow at low rates, mortgage rates also tend to be low; when money is tight and banks themselves are paying high interest rates to the Fed, home mortgage rates also tend to be high. Long-term inflationary expectations also affect home mortgage rates. When the federal government runs large deficits, it tends to result in higher inflation, so long term mortgage rates are likely to rise also. Mortgage Rates and Quotes Bankrate.com This personal finance resource features current mortgage rates and interest rates, as well as calculators and mortgage rate trends. Use these handy mortgage calculators to calculate payments on mortgages and loans. Featured listing. ww.Bankrate.com Crown Financial Calculators Crown Financial provides several calculators to help you evaluate the costs of buying a home and obtaining a mortgage. www.Crown.org Yahoo Mortgage Rates Features current home mortgage rates by State and by Metro Region. Finance.Yahoo.com Related Mortgage Resource Home Mortgage Loans - mortgage loan consumer guide. Copyright 2004-2021 Zeducorp. All rights reserved. About Us. Contact Us. Search. For your convenience, certain links will open in new windows. Home Mortgage Rate Guide	Recent Mortgage Rate News Pending home sales rebounded sharply in October, despite rising mortgage rates Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September, according to the National Association of Realtors. CNBC. Monday, 29 Nov 2021 18:43:10 GMT. U.S. mortgage rates hold steady around holiday The 30-year fixed mortgage rate last week remained unchanged from the prior week's 3.10%. Dayton Business Journal Staff. American City Business Journals. Monday, 29 Nov 2021 12:39:10 +0000.