The MarketWatch News Department was not involved in the creation of this content. The Mortgage Calculator, a licensed lender, launches a robust construction loan calculator designed to help builders ...
Home construction loans are generally tougher to qualify for than traditional mortgages. These loans typically require a 20% down payment and a strong credit score. They also have higher interest ...
Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.