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 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
Zillow, the largest US real estate listing site, has removed a feature that allowed people to see a property’s exposure to the climate crisis, following complaints from the industry and some homeowners that it was hurting sales. Last September, the online real estate market introduced a tool that shows the individual risk of fire, flood, … 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