Record-low mortgage rates won't last — refinance before it's too late
Mortgage rates are still at record lows, but they won't last forever. Here's why you might want to refinance ASAP.
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
Mortgage Refinance Rates Dip for Most Loan Types
Refi rates for 30-year mortgages have been bobbing around in a higher range than the 19-month low they hit last month. Rates moved down for most refi loan types Tuesday.
Mortgage Refinance Rates Today: October 17, 2024—Rates Increase
The rate on a 30-year fixed refinance inched up today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.09%, according to Curinos. For 15-year fixed mortgages, the average refinance rate is 6.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
What level of impact do interest rate cuts have on mortgage rates?
After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.
Mortgage rate hits the highest level in months
The average rate on a 30-year mortgage in the United States rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44 percent from 6.32 percent last week, mortgage buyer Freddie Mac said Thursday.
Mortgage Rates Continue to Increase
The 30-year fixed-rate mortgage increased for the third consecutive week, moving closer to 6.5%,” said Sam Khater, Freddie Mac’s Chief Economist. “In general, higher rates reflect the strength in the economy that is supportive of the housing market.
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
For mortgage rates this week, it's the calm before the storm
TRREB: Housing market might not rebound for another year Jason Mercer, chief market analyst at Toronto Regional Real Estate Board, talks with Financial Post’s Larysa Harapyn about how the housing market might not rebound for another year.
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