Kentucky mortgage rates for conventional fixed, conventional adjustable, FHA, and VA home loans. Interest rates updated on a weekly basis.
The post Kentucky Mortgage Rates appeared first on LendEDU.
Check out the latest average mortgage rates in Kentucky for conventional and non-conventional mortgages. You can compare them to current national rates as well as historical interest rates for both Kentucky and the United States.
| Mortgage Type | Avg. KY Rate | Weekly +/- | National Rate |
| 30-Year Fixed | 4.25% | – | 3.60% |
| 15-Year Fixed | 3.38% | – | 3.05% |
| 30-Year 5/1 ARM | 3.88% | – | 3.36% |
| 30-Year 3/1 ARM | 3.81% | – | – |
| 30-Year 7/1 ARM | 3.99% | – | – |
| 30-Year 10/1 ARM | 4.05% | – | – |
Note: Rates are updated weekly. Last update: 9/03/2019
Source: Consumer Financial Protection Bureau, Federal Reserve Bank of St. Louis
| Mortgage Type | Avg. KY Rate | Weekly +/- |
| FHA 30-Year Fixed | 3.81% | – |
| FHA 15-Year Fixed | 3.81% | – |
| VA 30-Year Fixed | 3.83% | – |
| VA 15-Year Fixed | 3.80% | – |
Note: Rates are updated weekly. Last update: 9/03/2019
Source: Consumer Financial Protection Bureau
| Mortgage Type | Monthly Payment | Interest Paid | Total Cost |
| 30-Year Fixed | $647 | $101,584 | $232,984 |
| 15-Year Fixed | $934 | $36,756 | $168,156 |
| 30-Year 5/1 ARM | $613 | $89,286 | $220,686 |
| 30-Year 3/1 ARM | $651 | $102,972 | $234,372 |
| 30-Year 7/1 ARM | $624 | $93,347 | $224,747 |
| 30-Year 10/1 ARM | $630 | $95,255 | $226,655 |
| FHA 30-Year Fixed | $610 | $88,209 | $219,609 |
| FHA 15-Year Fixed | $951 | $39,782 | $171,182 |
| VA 30-Year Fixed | $604 | $86,065 | $217,465 |
| VA 15-Year Fixed | $952 | $40,017 | $171,417 |
Notes: Kentucky median home value assumed to be $131,400. Projected ARM cost may not reflect actual cost after rate adjustments are made.
Sources: Zillow Economic Data, Consumer Financial Protection Bureau, LendEDU Mortgage Calculator
Source: Federal Housing Finance Agency Monthly Interest Rate Survey
Note: Adjustable mortgage rates excluded due to inefficient data.
Source: Freddie Mac
The post Kentucky Mortgage Rates appeared first on LendEDU.
