Mortgage rates were slightly in two directions today. The average 30-year fixed rate fell five basis points, according to Zillow 6.16%. The 15-year fixed loan increased by three basis points 5.43%. The yield on the 10-year Treasury, a proxy for the mortgage rate, has moved up and down daily, fluctuating without firm direction. So have … Read more
Mortgage rates are in a bit of a tailspin today. The average 30-year fixed mortgage rate fell four basis points, according to Zillow 6.09%. Meanwhile, the 15-year term is seven basis points higher 5.44%. Here are current mortgage rates according to the latest data from Zillow: 30 years established: 6.09% 20 years established: 5.75% 15 … Read more
The current government shutdown is disrupting the economy in a number of ways. Among the most notable: the nation’s debt is growing. The Treasury Department said Thursday that the national debt has topped $38 trillion, a record level of federal indebtedness. While this may seem like an issue in your everyday life, it can affect … Read more
Mortgage rates fell again today. The average 30-year fixed rate fell five basis points, according to Zillow 6.10%. The 15-year fixed loan fell six basis points to 5.42%. Here are current mortgage rates according to the latest data from Zillow: 30 years established: 6.10% 20 years established: 5.56% 15 years fixed: 5.42% 5/1 ARM: 6.28% … Read more
Mortgage rates have fluctuated today, and at first glance the change in the 30-year mortgage rate may not seem noteworthy. According to Zillow, the average 30-year fixed mortgage rate fell by two basis points 6.18%. But the 30-year rate is at its lowest in 2025. Mortgage rates probably won’t fall this year, so if you … Read more
With the Federal Reserve cutting interest rates for the first time this year on Sept. 17, two more potential rate cuts, and a third week of government shutdown, where are long-term mortgage rates headed? Mortgage interest rates are determined by a number of factors, the main one being the 10-year Treasury yield. At Yahoo Finance, … Read more