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Interest Rates
For our calculator’s base interest rate, we’ve chosen the Freddie Mac Primary Mortgage Market Survey (PMMS) because it is updated weekly, uses a standardized methodology, and incorporates data from various lenders nationwide. We use the 30-year fixed-rate mortgage for our calculations, but your specific rate may differ, so always consult with your mortgage loan officer. (Source: Freddie Mac)
The Freddie Mac Primary Mortgage Market Survey® (PMMS®) rate referenced is provided for illustrative purposes only and may not reflect the actual rate available for your specific situation. Your interest rate will depend on a variety of factors, including your credit profile, loan type, loan amount, property type, and market conditions at the time of application. We use the PMMS® rate as a general benchmark to help estimate potential scenarios, but it should not be relied upon as a guaranteed or quoted rate. For a personalized rate quote, please contact us directly.
CURRENT INTEREST RATE
Data are provided “as is” by Freddie Mac®, with no warranties of any kind, express or implied, including but not limited to warranties of accuracy or implied warranties of merchantability or fitness for a particular purpose. Use of the data is at the user’s sole risk. In no event will Freddie Mac be liable for any damages arising out of or related to the data, including but not limited to direct, indirect, incidental, special, consequential, or punitive damages, whether under a contract, tort, or any other theory of liability, even if Freddie Mac is aware of the possibility of such damages.”