Product Interest Rate APR
20-Year Fixed Rate 6.37% 6.47%
15-Year Fixed Rate 5.88% 5.97%
10-Year Fixed Rate 5.99% 6.07%
30-Year Fixed Rate FHA 7.04% 7.11%
and no, the main reason young people cant afford a home is because of the outrageous property values (and less than cheap interest rates. my first home i paid 18 percent interest back in the early 80s) which means unaffordable property taxes.

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