Mortgage Rates
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| Loan Type | Rate | APR |
|---|---|---|
| 30-year fixed | 6.53% | 6.619% |
| 15-year fixed | 5.885% | 6.039% |
| 7/1 ARM (adjustable rate) | 6.75% | 7.635% |
| 5/1 ARM (adjustable rate) | 6.712% | 7.717% |
Rates based on an average home price of $300,000 and a down payment of 20%.
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