A mortgage loan of $700,000 may sound high. But if you’re in hot real estate markets like California, Hawaii, or Washington, DC, it may be closer to the norm — especially if you’re looking to buy a larger home. So the question is: do the monthly payments on a $700,000 mortgage fit your budget? Read … Read more
Mortgage rates have sustained a long period of stability. According to Zillow, the average 30-year fixed rate is 6.01%down three basis points. Meanwhile, the 15-year fixed home loan rate rose four basis points to 5.45%. These small movements in both directions have been the norm for many weeks. Here are the current mortgage rates, according … Read more
Today’s mortgage rates are in familiar territory: almost exactly where they were a week ago. According to Zillow, the average 30-year fixed mortgage rate is 6.01%and the 15-year fixed rate is only slightly lower than last week at 5.44%. Here are the current mortgage rates, according to the latest Zillow data: 30 years fixed: 6.01% … Read more
Mortgage rates will hit a new low in 2025. According to Freddie Mac, the average 30-year fixed rate is 6.15%down three basis points. Meanwhile, the 15-year fixed home loan rate fell to six basis points 5.44%. Here are the current mortgage rates, according to the latest Zillow data: 30 years fixed: 5.97% 20 years fixed: … Read more
Mortgage rates seem to drop over the holidays. According to Freddie Mac, the average 30-year fixed rate is 6.18%down three basis points from last week. The 15-year fixed home loan rate rose three basis points to 5.50%. Looks like we’ve unwrapped these presents before. One advantage: With flat rates, potential borrowers can shop multiple lenders … Read more
Mortgage rates remain calm, hovering above 6% with only minor fluctuations from week to week. According to Freddie Mac, the average 30-year fixed mortgage rate this week fell by one basis point to 6.21%. The 15-year fixed rate fell seven basis points for the week to 5.47%. Here are the current mortgage rates, according to … Read more
Mortgage rates hold mostly steady for another week. According to Zillow, the average 30-year fixed rate rose by one basis point 6.09%. The 15-year fixed home loan rate fell six basis points to 5.52%. The stability of mortgage rates over the past few weeks is being welcomed by borrowers looking to lock in a rate. … Read more
Mortgage rates have generally declined since late May, bottomed out in late October, and have remained within 10 basis points since then. According to Freddie Mac, the average 30-year fixed mortgage rate is 6.22%. This is five basis points higher than the 2025 minimum of 6.17%. The 15-year fixed rate is 5.54%. “The average 30-year … Read more
Mortgage rates were capped at intervals of more than six weeks, with nothing forcing them to go up or down. According to Zillow, the 30-year average rate is 6.07%. The average rate over 15 years is 5.53%. A Federal Reserve rate cut is likely tomorrow, comments from Fed Chairman Jerome Powell and the Fed’s points … Read more
Mortgage rates are on the rise, according to Zillow. The average 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%. However, note that these are national averages. Depending on your location, financial profile and mortgage lender, you may be able to secure a lower … Read more