What are current interest rates in Kentucky?

What are current interest rates in Kentucky?

As of Tuesday, May 31, 2022, current rates in Kentucky are 5.33% for a 30-year fixed, 4.67% for a 15-year fixed, and 5.00% for a 5/1 adjustable-rate mortgage (ARM). Bankrate has offers for Kentucky mortgage and refinances from top partners that are well below the national average.

What is the mortgage rate today in Kentucky?

Compare Kentucky mortgage rates for the loan options below. Compare current refinance rates today….Conventional fixed-rate mortgages.

Term Rate APR
30-year fixed 5.5% 5.579%
20-year fixed 4.99% 5.094%
15-year fixed 4.375% 4.504%
10-year fixed 4.375% 4.561%

What is the current 30-year refinance rate?

Today’s national 30-year refinance rate trends On Saturday, June 25, 2022, the national average 30-year fixed refinance APR is 5.810%. The average 30-year fixed mortgage APR is 5.840%, according to Bankrate’s latest survey of the nation’s largest refinance lenders.

How much does your credit score drop when you refinance your home?

However, the credit hits from applying for and opening a refinance loan are very small — often “less than five points,” according to FICO. The savings you’re likely to see from refinancing should far outweigh any negative impact on your credit.

What are the limits for refinancing a house in Kentucky?

There are also income limits (which vary depending on location and the number of people in your household), and the purchase price cannot be more than $294,600 as of August 2020. There are plenty of options available for mortgage refinancing in Kentucky, including government-backed loans, banks, private lenders and mortgage brokers.

What are my options for mortgage refinancing in Kentucky?

There are plenty of options available for mortgage refinancing in Kentucky, including government-backed loans, banks, private lenders and mortgage brokers. It’s a smart move to figure out what your goals are with refinancing, whether it’s to lower the overall amount you pay in interest or to lower your monthly mortgage payments.

What are today’s mortgage rates in Kentucky?

Current rates in Kentucky are 3.09% for a 30-year fixed, 2.53% for a 15-year fixed, and 4.17% for a 5/1 adjustable-rate mortgage (ARM). Learn more about today’s mortgage rates.

How do I contact Housing Choice Vouchers in Kentucky?

or by calling 502-564-7630, ext. 216. For more information about housing choice vouchers, click here, email us, or call 502-564-9946. Thank you for your patience and understanding.