Mortgage Rates Tick Back Up to 6%
After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement for most other loan types was also up.
Mortgage interest rates today: Rates are unchanged
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for a $250,000 mortgage with a 15-year term and a fixed interest rate of 5.5% would be $2,042.71. The payment for the same loan with a 6% interest rate would be $2,109.64.
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
Compare 15-Year Mortgage Rates
Cut down your interest rates and begin your journey to paying off your mortgage. Compare the best 15-year mortgage rates to find your ideal home loan program.
Here's how far mortgage rates have dropped already this year
After years of high mortgage rates that left countless would-be homeowners on the sidelines, the tide is finally turning in favor of those looking to enter the housing market. This week, the Federal Reserve slashed its benchmark rate by 50 basis points,
Today’s 30-year mortgage interest rates remain unchanged at 5.990%, while rates for 15-year terms rise to 5.125%
Thinking about taking out a mortgage loan? Current mortgage rates remain at 5.990% for 30-year terms, while 15-year terms rise to 5.125%. Valerie Morris is a content editor with a focus on personal finance.
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