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Find a Mortgage National Averages Mtg Loan Rate APR 30-yr Fixed : 5.94% 6.05% 15-yr Fixed : 5.29% 5.47% 1-yr Adj : 3.71% 3.97% Home Equity Rate 30K HEL: 3.46% 30K HELOC: 6.22% More Rates: Mortgage - Home Equity from Bankrate.com Calculators • Mortgage Payment • How Much Can You Afford? • Should You Refinance? • More Calculators Special Offers • • •	The Basics of a Mortgage Mortgages: A Long-Term Loan The Industry Standard: Fixed Rate Mortgages Adjustable Rate Mortgages: Your Rate is Tied to an Index ARMs Can Be Tempting, But Uncertain Less Common Mortgages Might Be Right For You How Much House Can You Afford? The More Money You Put Down, The Lower Your Mortgage Payment Low Down-Payment Programs Private Mortgage Insurance (PMI) Closing Costs Can Be Up to 6% of Your Loan Buy, Don't Rent, When You Can Afford the Down Payment