Mortgage rates for West Virginia on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for West Virginia is now at 4.56%.
When you buy a home in West Virginia or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.
Beckley | Bluefield | Charleston | Clarksburg | Fairmont | Fort Seybert | Huntington | Martinsburg | Morgantown | Oak Hill | Parkersburg | Weston | Wheeling