Today, the mortgage interest rate on a 30-year fixed mortgage is 6.85%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.86%. On a 30-year jumbo mortgage, ...
Deferred interest is when your interest payments are placed on hold for a specific amount of time. But if you don't pay off the balance in full by the time your deferred interest window closes, you ...