Table from the National Association of Realtors. Projected rates provided by lenders. |
Mortgage rates have been really low. Most of us recognize that the lower interest rates won't last forever. Today's interest rate for a 15-year mortgage is around 3.7% to 4%. The interest rate for an FHA loan with fixed payments for 30 years is around 4.5%. Here are the predictions from government institutions like Fannie Mae & Freddie Mac, the mortgage banking community, and the National Association of Realtors.
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