Mortgage rates have risen since last week. According to Zillow data, the 30-year fixed mortgage rate rose 13 basis points to 6.10% and the 15-year fixed rate rose 14 basis points to 5.55%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this year. Many … Read more
Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national 30-year fixed mortgage average this week is 6.19%. A year ago, it averaged 6.69% The 15-year fixed rate is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell for the second week in a row … Read more
Mortgage rates are little changed. According to Zillow, the average 30-year fixed rate is steady at 6.11%. The 15-year fixed rate rose four basis points to 5.52%. In its annual housing forecast released this morning, Realtor.com expects the average 30-year mortgage rate to hold close to 6.3% in 2026, down slightly from the 6.6% average … Read more