Just curious.
What's the going rate for, say, a 15-year mortgage in the US these days?
- posted
15 years ago
OT: What's the going rate for a mortgage in the US these days?
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- posted
15 years ago
5-6
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- posted
15 years ago
Hmmm. 9 years ago, I had a rate of 5.95% for a 15 year mortgage with
7-year term (but that's up here in Canada). And I don't think the bank rate was anywhere near as low then as it is now.Given where US fed bank rate is now, wouldn't you expect mortgage rates to be more in the 4 - 5% range?