Definition of mission for Students. 1 : a task that is assigned or begun. 2 : a task that is regarded as a very important duty She thinks of teaching as her mission. 3 : a group of missionaries. 4 : a group of people sent by a government to represent it in a foreign country.
15-Year Fixed-Rate Mortgage: The payment on a $200,000 15-year Fixed-Rate Loan at 2.875% and 70.00% loan-to-value (LTV) is $1369.18 with 2.125 points due at closing. The Annual Percentage Rate (APR) is 3.311%. Payment does not include taxes and insurance premiums.
One point equals 1 percent of the loan amount. The average fee for a 30-year mortgage fell to 0.5 point from 0.6 point a week earlier. The fee for a 15-year loan was unchanged at 0.5 point. The average rate on a one-year adjustable-rate loan slipped to 2.40% from 2.41%.The average fee remained at 0.4 point.verage 30-year mortgage rate falls to 4.14%. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year loan eased to 4.14% from 4.17% last week. The average for the 15-year mortgage fell to 3.22% from 3.30%.