SCOTTSDALE, Ariz. - s4story -- GoodLoan.io a premier mortgage solution has released the following updates regarding Mortgage Interest Rates:

30-Year Fixed Mortgage Rates

The average rate fell on a 30-year fixed mortgage, slipping to 5.44% from 5.47% yesterday. The 52-week high is 5.64%. Currently at GoodLoan.io we are able to offer rates below the current average.

The 30-year fixed mortgage APR is 5.45%. At this time last week, it was 5.50%. Here's why APR is important.

According to the GoodLoan.io  mortgage calculator, homebuyers with a 30-year fixed-rate mortgage of $100,000 will pay $564 per month in principal and interest (taxes and fees not included) at today's interest rate of 5.44%. In total interest, you'd pay $103,051 over the life of the loan.

More on S For Story

• Most Americans Choose Their Water Brand Because of Its Natural Source — Yet Fewer Than 3 in 10 Understand What Spring Water Actually Is
• Unlocking Multi-Sector Growth; Graphite Acquisition Powers EV Entry While Streamlined Consumer Snack Business Fuels Growth: (N A S D A Q: SOWG)
• Permian Museum Adds Carbonaceous Chondrite Reference Photos
• L2 Aviation Receives FAA STC and PMA for Klatt Works SAVED™ Smoke Vision System
• Axencis Launches Performance Partnership for Brand Protection

15-Year Fixed Mortgage Rates

Today, the 15-year fixed mortgage rate sits at 4.77%. Last week, it was 4.84%. Today's rate is higher than the 52-week low of 2.28%.

On a 15-year fixed, the APR is 4.75%. Last week it was 4.88%.

Jumbo Mortgage Rates

On a 30-year jumbo, the average interest rate is 5.33%, lower than it was at this time last week. The average rate was 5.36% at this time last week. The 30-year fixed rate on a jumbo mortgage is currently higher than the 52-week low of 3.03%.

5/1 ARM Rates

On a 5/1ARM, the average rate rose to 3.92% from 3.87% yesterday. The average rate was 3.85% last week. Today's rate is currently the 52-week high.

Calculating Mortgage Payments

If you can't or don't want to pay cash, a good partner like GoodLoan.io and mortgages will be part of your home buying process. It's important to figure out what you'll likely pay each month to see if it fits into your budget.

Using our mortgage calculator can help you estimate your monthly mortgage payment based on your interest rate, purchase price, down payment and other expenses.

More on S For Story

• CCHR Says New OIG Report Raises Concerns about Drugging Elderly with Antipsychotics
• New Children's Book "Oliver and Bella: Best of Friends" Teaches Kids the Magic of Friendship
• Project Pretzel Introduces a New System for Running Renovation Projects with Built In Contracts and Real Time Execution
• Professional Ghostwriting Service in West Virginia Helping Authors Turn Ideas into Published Success
• Young Athletes Gain a Competitive Edge with the New Book Mental Toughness For Young Athletes

Gather these data points to calculate your monthly mortgage payment:

• Interest rate
• Down payment amount
• Home price
• Loan term
• Taxes
• Insurance
• HOA fees

What you can afford depends on a number of factors, including your income, debt, debt-to-income ratio, down payment and credit score.

The type of loan you choose can also affect how much house you can afford. When shopping for a loan, think about whether a conventional mortgage, FHA loan, VA loan or USDA loan is best for your particular situation.

For more information or to apply online visit GoodLoan.io