Current Mortgage Interest Rates 30 Year Fixed Fha

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  1. –  · 30-year rates are tied to mortgage backed securities (MBS) which are a type of 30-year bond and provide a safe haven for investors when the stock market is volatile.

    MBA: Mortage Applications Rise 3.6% – The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 4.68% from 4.61%, with points increasing to 0.58 from 0.53 Mortgage applications last week increased.

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    A 30-year fixed mortgage is a loan whose interest rate stays the same for the duration of the loan. For example, on a 30-year mortgage of $300,000 with a 20% down payment and an interest rate of 3.75%, the monthly payments would be about $1,111 (not including taxes and insurance).