Interest rates are currently around 4.40% for a 15 year mortgage in Iowa.
Mortgage fees are averaging 0.70%.
MONTHLY MORTGAGE PAYMENT EXAMPLES
The new monthly payment is $ 1,139.84 for a 150,000 mortgage.
The new mortgage payment each month is $ 1,899.73 for a 250,000 mortgage.
The new monthly payment is $ 2,659.62 for a 350,000 mortgage.
Published by GMN Media Partners (www.globalmoneynews.com).
Source data includes information from the Freddie Mac PMMS.