You might be surprised to find that a lender is willing to give you a lower interest rate in order to keep your business. Rates for a home purchase and mortgage refinance are often similar. First, Richmond President Tom Barkin talked about his concerns what are mortgage interest rates today over inflationary pressures and economic … Continue reading Compare Current Mortgage Rates Today Jan 3, 2025 →

A fixed-rate mortgage has an interest rate that’s permanent for the life of the loan. With a fixed–rate mortgage, you’ll always know what your monthly principal and interest payments will be. You can choose a 10–, 15–, 20–, 25– or 30–year term for fixed-rate mortgages. Longer term mortgages, such as a 30-year mortgage, usually result … Continue reading Is a 20 Year Mortgage Right For you? →