Average mortgage interest rate by state
| State | 15-Year Fixed | 5/1 ARM |
|---|---|---|
| California | 2.34% | 2.65% |
| Colorado | 2.39% | 2.9% |
| Connecticut | 2.41% | 2.73% |
| Delaware | 2.42% | 3.2% |
Regarding this, is a 2.8 interest rate good?
Anything at or below 3% is an excellent mortgage rate. … For example, if you get a $250,000 mortgage with a fixed 2.8% interest rate on a 30-year term, you could be paying around $1,027 per month and $119,805 interest over the life of your loan.
Keeping this in view, what is a good total interest percentage on a 30-year mortgage? Average 30-Year Fixed Mortgage Rate
Rates are at or near record levels in 2021 with the average 30-year interest rate going for 3.12%. That is about the same as 2020 rates and experts don’t think there will be much of a change before 2022.
In this way, what is today’s property rate?
Current mortgage and refinance rates
| Product | Interest rate | APR |
|---|---|---|
| 30-year fixed-rate | 2.931% | 2.995% |
| 20-year fixed-rate | 2.666% | 2.752% |
| 15-year fixed-rate | 2.167% | 2.281% |
| 10-year fixed-rate | 2.099% | 2.267% |