Fixed Rate Second Mortgage Loans Provide Cash for Consolidating Debt. Having a good score and the ability get a second mortgage at a great interest rate can save money in your monthly payments and help out your finances. 2nd mortgage loans can be used for debt consolidation loans, allowing you to pay off credit card debt and lower payments.

Local Interest Rates Mortgages Freddie Mac’s shift to fixed-rate snares muni interest – The Federal Home loan mortgage corp. expects to tap demand from. The previous offerings were sold as floating rate bonds without a liquidity enhancement and drew more interest from structured.

America First Credit union loan rates. At America First, we always keep our members in mind, which is why we offer loans with low interest rates and term options to fit your personal needs.

Most lenders will not lend you any more than 75 to 85 percent of the loan-to-value ratio of your first and second mortgages combined. Where to Get a Second Mortgage. You don’t have to get your second mortgage with the lender that gave you your original mortgage; you can get a second mortgage with pretty much any lender.

Home Equity Loan: As of March 23, 2019, the fixed annual percentage rate (APR) of 4.89% is available for 10-year second position home equity installment loans $50,000 to $250,000 with loan-to-value (LTV) of 70% or less. Rates may vary based on LTV, credit scores, or other loan amount.

Estimate the rates and payments of a new mortgage, refinance, or home equity line of credit using today’s mortgage rates with the Wells Fargo mortgage rate calculator.

A second mortgage is another loan taken out on a property in addition to a first mortgage. It is also commonly referred to as a home equity loan or line of credit. Technically, the term "second mortgage" refers to the actual lien position on the property.

Estimate the rates and payments of a new mortgage, refinance, or home equity line of credit using today’s mortgage rates with the Wells Fargo mortgage rate calculator.

Mortgage rates began the day in slightly. To make matters slightly worse, by the afternoon, rates started to move up yet again. There are a few important caveats to all of this. First off, very few.

Current Prime Rate Us Major U.S. banks raise prime rates after Fed rate hike. –  · The Fed raised the target for its main short-term rate to a range of 0.25 to 0.50 percent, from a range of 0 to 0.25 percent. A higher prime rate will translate to higher interest rates on a wide range of loans that are keyed off the rate, including small business loans and some credit card loans.

Also note that you can no longer qualify for high LTV second mortgage. Back in the day, you could get sometimes a 125% LTV loan. Forget that today. Most banks lend 80-90%, but with today’s soaring home values, who know how aggressive second mortgage lenders will get in 2018.