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Real estate → Home mortgages and real estate financing → Mortgage types
ANSWERS: 1
  • Official Know-It-All
    In 2009 the average monthly mortgage rate for a 30-year fixed loan was about $1,500. For a 15-year fixed loan, the monthly rate was around $2,000. These payments reflect a home that runs in the $200,000 to $300,000 price range.

    Source:

    Quicken Loans

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