Small moves higher as Fed pauses

Small moves higher as Fed pauses

Mortgage and refinance rates rose this week as the Federal Reserve announced a pause in rate cuts. According to Freddie Mac, the 30-year fixed mortgage rate rose by one basis point 6.10%. Meanwhile, the 15-year rate gained five basis points to 5.49%. Still, the 30-year bond remains near a three-year low. Here are the current … Read more

Rates drop further below 6%

Rates drop further below 6%

Mortgage rates are near recent lows. According to Zillow, the average 30-year fixed rate fell four basis points to 5.93%. Meanwhile, the 15-year fixed home loan rate is holding steady at 5.47%. Zillow compiles the rates from those offered in the lender market. Here are the current mortgage rates, according to the latest Zillow data: … Read more

Mortgage and refinance rates today, January 22, 2026: A small move higher

Small moves higher as Fed pauses

Mortgage and refinance rates rose slightly in the past week. According to Freddie Mac, the 30-year fixed mortgage rate rose three basis points to 6.09%and the 15-year rate rose six basis points to 5.44%. With rates still well below their 52-week average, this could be a good time to lock in a mortgage rate. Here … Read more

Weekly rates drop 19 basis points

Weekly rates drop 19 basis points

Current mortgage rates are below 6%. According to Zillow, the average 30-year fixed mortgage rate fell 19 basis points in the past month and is now 5.90%. The 15-year fixed rate fell 16 basis points during that time, now standing at 5.36%. To take advantage of today’s low mortgage rates, shop around with multiple mortgage … Read more

The lowest rates in the last 3 years

Small moves higher as Fed pauses

According to Freddie Mac, current mortgage rates are at their lowest points in three years. The average 30-year fixed mortgage rate is down 10 basis points since last week 6.06%and the 15-year rate fell eight basis points to 5.38%. This could be a good time to lock in a mortgage rate. Here are the current … Read more

Moving up from recent lows

Rates drop further below 6%

Mortgage rates have risen from recent lows but remain below 6%. According to Zillow, the average 30-year fixed rate is 5.93%. Meanwhile, the 15-year fixed home loan rate is 5.40%. Zillow compiles the rates from those offered in the lender market. Here are the current mortgage rates, according to the latest Zillow data: 30 years … Read more

Trump plans to cut rates

Trump plans to cut rates

Mortgage rates have moved within 11 basis points of their 2025 low since late October. However, President Trump’s push for government mortgage originators Fannie Mae and Freddie Mac to buy $200 billion worth of mortgage bonds could be the boost mortgage rates need to finally fall below 6 percent. The national 30-year fixed mortgage average … Read more

A bigger nudge for the week

Small moves higher as Fed pauses

Mortgage rates remain in the low 6% range. According to Freddie Mac, the average 30-year fixed mortgage rate for the week is 6.16%with a base point. The 15-year fixed-rate weekly average was 5.46%, with two base points. For weeks, home loan interest rates have made only fractional moves, but keep in mind that mortgage rates … Read more

What is the monthly payment on a $700,000 mortgage?

What is the monthly payment on a 0,000 mortgage?

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

A long period of stability

Rates drop further below 6%

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