The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near ...
Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.
The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward ...
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
The average rate on the popular 30-year fixed-rate mortgage increased to 6.91%, the highest level since early July, from 6.85% last week, mortgage finance agency Freddie Mac said on Thursday.
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...
The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
Note that rates on 15-year mortgages tend to be lower than rates on 30-year loans, but higher than rates on 10-year loans. The current average rate on a 15-year refinance is 6.75% compared to the ...