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Current Mortgage Rates in Rhode Island

Time Range: 6m 1y 2y 5y More mortgage rates?

30-Year Fixed
15-Year Fixed
5/1 ARM

Mortgage Rates for Oct. 24 - 31 , 2014*

Product Interest Rate Points National Average
30 Year Fixed Rate Mortgage 3.97% 0.00 4.07%
15 Year Fixed Rate Mortgage 3.25% 0.00 3.34%
30 Year 5/1 ARM 2.78% 0.00 3.07%
*weekly rolling averages

4/14 5/14 6/14 7/14 8/14 9/14 10/14
30-Year Fixed 4.40 4.26 4.25 4.19 4.20 4.19 4.13
15-Year Fixed 3.48 3.42 3.44 3.42 3.43 3.44 3.39
5/1 ARM 3.06 2.98 3.06 3.06 3.04 2.96 3.14

Current Mortgage Rates in Rhode Island

 

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Mortgage Trends in Rhode Island

Popular Property Types
 

Single-Family Homes

92%
*Single-Family Homes make up 92% of purchased or refinanced homes
 

Condominiums

7.7%
*Condominiums make up 7.7% of purchased or refinanced homes
 

PUD Homes

0.2%
*PUD or Planned Unit Development homes make up 0.2% of purchased or refinanced homes
 

Townhomes

0.2%
*Townhomes make up 0.2% of purchased or refinanced homes

Average Property Value

Average Annual Property Taxes

Average Mortgage Balance

Data source: CoreLogic

Popular Mortgage and Refinance Types

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Type of Loan
Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan
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Credit rating: (Estimates okay)