Mortgage rates for Montana on Lender411 for 30-year fixed-rate mortgages are at 4.10%.
That dropped from 4.11% to 4.10%.
The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for Montana is now at 3.40%.
30 Year Fixed
15 Year Fixed
Friday, August 29, 2014
Below you can find 30-year fixed rates for Mortgage Refinance for Montana for the loan amount of $200,000.
Displaying rates for Mortgage Refinance in MT for $200,000
If you are looking for up to the minute Montana mortgage rates, you’ve come to the right place. Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Montana. Talk to multiple mortgage lenders in MT to compare rate quotes and understand your options.
Why is it critical to find the lowest rate when refinancing? Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.
Home Loans in Montana
The loan types available in Montana are much like those available elsewhere. One of the most widely available mortgage loan types is the 30 year fixed rate mortgage. As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.
The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type. Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.
Montana is a state in the Great Plains area of the United States but is home to numerous mountain ranges. The area is known for its impressive natural beauty and rugged terrain.
Montana has the lowest population density in the U.S., and its most populated cities include Billings, Missoula, and Great Falls. The lumber industry, agriculture, and tourism all play huge roles in Montana. Montana is home to Glacier National Park and shares Yellowstone National Park with two other states. It also shares its border with three Canadian provinces.
Montana is an excellent place for those who enjoy open space and breathtaking scenery. If you like nature and outdoor activities, Montana may be the best place in the nation for you to own a home.
To learn more about homeownership in Montana or research MT home buying programs, visit the Montana HUD portal.
If you’re not ready to meet with a lender yet but want to continue researching, click on any of the following links.