What are mortgage rates in Indiana right now?
As of Thursday, May 26, 2022, current rates in Indiana are 5.32% for a 30-year fixed, 4.68% for a 15-year fixed, and 4.10% for a 5/1 adjustable-rate mortgage (ARM).
What is the lowest recorded mortgage rate?
The mortgage rates trend continued to decline until rates dropped to 3.31% in November 2012 — the lowest level in the history of mortgage rates.
What is the current interest rate for home buying?
Current mortgage and refinance rates
| Product | Interest rate | APR |
|---|---|---|
| 30-year fixed-rate | 4.930% | 5.023% |
| 20-year fixed-rate | 4.536% | 4.678% |
| 15-year fixed-rate | 4.144% | 4.301% |
| 10-year fixed-rate | 3.625% | 3.794% |
What is the interest rate to refinance a home right now?
Current mortgage refinance rates
| Product | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed Rate | 5.260% | 5.270% |
| 15-Year Fixed Rate | 4.570% | 4.590% |
| 5/1 ARM | 3.810% | 4.730% |
What is the average monthly mortgage payment in the US?
The average monthly mortgage payment is $1,487, according to 2019 data from the U.S. Census Bureau’s American Housing Survey. The median monthly mortgage payment is $1,200, according to the 2019 Census housing data.
How much would a house payment be on a $200000 home?
On a $200,000, 30-year mortgage with a 4% fixed interest rate, your monthly payment would come out to $954.83 — not including taxes or insurance. But these can vary greatly depending on your insurance policy, loan type, down payment size, and more.
Does Indiana first bank offer mortgages?
Indiana First Bank offers a variety of Fixed-rate and Adjustable-rate Mortgages at competitive rates to meet your needs. Applying online is easy. Start an online application today! Menu Rates Locations & Hours
What are today’s mortgage rates in Indiana?
This table does not include all companies or all available products. Bankrate does not endorse or recommend any companies. As of Monday, June 14, 2021, current rates in Indiana are 3.14% for a 30-year fixed, 2.45% for a 15-year fixed, and 3.64% for a 5/1 adjustable-rate mortgage (ARM).
Why choose Indiana First Bank?
Indiana First Bank offers a variety of Fixed-rate and Adjustable-rate Mortgages at competitive rates to meet your needs. Applying online is easy. Start an online application today!
Can you refinance a 30 year mortgage in Indiana?
We’ll help you find Indiana mortgage and refinance rates well below the national average so you can apply and start saving on your home today. More than 11.5 million homeowners can still save money by refinancing their mortgage. Showing results for: Single-family home, 30 year fixed mortgages with all points options.