Slightly higher, but still below 6%

Slightly higher, but still below 6%

Mortgage rates are slightly higher this weekend. According to the Zillow lender marketplace, the current 30-year fixed rate is 5.86%with five basis points. The 15-year fixed rate is up six basis points to 5.41%. Why does Zillow report lower mortgage rates than reported elsewhere? We cover that at the bottom of this page. Here are … Read more

Mortgage rates fall to the lowest level in nearly 4 years

Mortgage rates fall to the lowest level in nearly 4 years

Mortgage rates fell sharply this week as tensions between the US and Iran fueled the possibility of military conflict. Inflation concerns also persisted, as shown in the minutes of the Federal Reserve’s last meeting. The 30-year fixed mortgage rate fell 8 basis points to 6.01 percent in the week ended Wednesday, according to Freddie Mac. … Read more

Almost exactly where they were a week ago

Slightly higher, but still below 6%

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