GoodLoan.io provides update on current mortgage interest rates
ncarol.com/10174934

SCOTTSDALE, Ariz. - ncarol.com -- GoodLoan.io a premier mortgage solution has released the following updates regarding Mortgage Interest Rates:

30-Year Fixed Mortgage Rates

The average rate fell on a 30-year fixed mortgage, slipping to 5.44% from 5.47% yesterday. The 52-week high is 5.64%. Currently at GoodLoan.io we are able to offer rates below the current average.

The 30-year fixed mortgage APR is 5.45%. At this time last week, it was 5.50%. Here's why APR is important.

According to the GoodLoan.io  mortgage calculator, homebuyers with a 30-year fixed-rate mortgage of $100,000 will pay $564 per month in principal and interest (taxes and fees not included) at today's interest rate of 5.44%. In total interest, you'd pay $103,051 over the life of the loan.

More on ncarol.com

• Grow My Security Company Launches Next-Generation Website and Expands Strategic Marketing Solutions for the Security Industry
• $4.8M in Contracted AI Revenue with Projections of $30M Over 6-12 Months for Diversified AI Software and Platform-Based Services Provider XMax Inc
• Michelangelo's Great Secret Hiding in Plain Sight
• Virginia Marchese's Paradox: A Nation Still Deciding Who Belongs Examines Race, Migration, Law, and America's Unfinished Struggle for Equality
• From Blank Page to Published Book

15-Year Fixed Mortgage Rates

Today, the 15-year fixed mortgage rate sits at 4.77%. Last week, it was 4.84%. Today's rate is higher than the 52-week low of 2.28%.

On a 15-year fixed, the APR is 4.75%. Last week it was 4.88%.

Jumbo Mortgage Rates

On a 30-year jumbo, the average interest rate is 5.33%, lower than it was at this time last week. The average rate was 5.36% at this time last week. The 30-year fixed rate on a jumbo mortgage is currently higher than the 52-week low of 3.03%.

5/1 ARM Rates

On a 5/1ARM, the average rate rose to 3.92% from 3.87% yesterday. The average rate was 3.85% last week. Today's rate is currently the 52-week high.

Calculating Mortgage Payments

If you can't or don't want to pay cash, a good partner like GoodLoan.io and mortgages will be part of your home buying process. It's important to figure out what you'll likely pay each month to see if it fits into your budget.

Using our mortgage calculator can help you estimate your monthly mortgage payment based on your interest rate, purchase price, down payment and other expenses.

More on ncarol.com

• Larry R. Wasion's Jump Gate III RoadMaker Blends Cutting-Edge Sci-Fi with High-Stakes Space Exploration and Complex Technologies
• American Mensa and Davidson Institute Join Forces To Strengthen Support for Profoundly Gifted Youth
• SpeedyIndex Rolls Out Automated API for Mass URL Verification, Solving the Backlink Blind Spot for SEO Agencies
• Unto These Hills Outdoor Drama Returns for 76th Anniversary Season Beginning May 30th
• Cherokee Historical Association Awarded $520,000 Grant from Cherokee Preservation Foundation

Gather these data points to calculate your monthly mortgage payment:

• Interest rate
• Down payment amount
• Home price
• Loan term
• Taxes
• Insurance
• HOA fees

What you can afford depends on a number of factors, including your income, debt, debt-to-income ratio, down payment and credit score.

The type of loan you choose can also affect how much house you can afford. When shopping for a loan, think about whether a conventional mortgage, FHA loan, VA loan or USDA loan is best for your particular situation.

For more information or to apply online visit GoodLoan.io