An outlook for rates to remain stable through 2026

An outlook for rates to remain stable through 2026

Mortgage rates are testing the 6% level again. According to Zillow, the average 30-year fixed mortgage rate is 6.00%, down 11 basis points. The 15-year fixed rate is 5.44%down eight basis points. Realtor.com’s latest housing report expects average 30-year mortgage rates to remain near 6.3% through 2026, “as slowing economic growth and the end of … Read more

The 6% 30-year mortgage is back, could 5% be next?

The 6% 30-year mortgage is back, could 5% be next?

Mortgage rates vary from country to country, but some borrowers get the lowest rates for a long time. According to Zillow data, the current average 30-year fixed mortgage rate is 6.00%. The 15-year fixed rate is 5.50%. Last Wednesday, Freddie Mac reported a 6.23% 30-year rate. That tells you how important it is to shop … Read more