Posts Tagged ‘20year’

What Average Interest Rate Should I Expect To Pay On A 20-year Loan, If The Variable Rate Is 4% Right Now?

July 13th, 2010

I can get variable rate loan with a 20-year term. The current interest rate is 4%, which is based on the prime rate. I know there’s no precise answer to this question, but what might I expect the overall interest rate to turn out to be? Just a ballpark answer is fine!
Thanks!