Mortgage rates have risen since last week. According to Zillow data, the 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%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this year. Many … 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
Mortgage rates are up today. 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%. These increases can likely be attributed to the latest Personal Consumption Expenditure (PCE) data, which was released yesterday. The PCE index showed that inflation moved … Read more
Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national 30-year fixed mortgage average this week is 6.19%. A year ago, it averaged 6.69% The 15-year fixed rate is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell for the second week in a row … Read more
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
Mortgage rates are little changed. According to Zillow, the average 30-year fixed rate is steady at 6.11%. The 15-year fixed rate rose four basis points to 5.52%. In its annual housing forecast released this morning, Realtor.com expects the average 30-year mortgage rate to hold close to 6.3% in 2026, down slightly from the 6.6% average … Read more
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