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Mortgage, rate and Fed
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.
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.
Here's how far mortgage rates have dropped already this year
In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late March, they had surged to 6.94%, and by the first week of May, they had reached their peak for the year at 7.22% — up by about 0.6% from the start of 2024.
1d
Today’s 30-year mortgage interest rates remain unchanged at 5.990%, while rates for 15-year terms rise to 5.125%
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 19, which is unchanged from yesterday.
14h
Mortgage Refinance Rates Keep Moving Higher
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
2d
on MSN
Mortgage rates plunge to 2-year low: Should you lock a rate now?
It can make a lot of sense to lock in a mortgage rate now that rates are sitting at a two-year low. /iStockphoto . For the ...
1d
on MSN
Mortgage Rates Are Coming Down. When Does It Make Sense To Buy Or Refinance?
Borrowers are finally starting to see signs of hope. Mortgage rates are at their lowest point in 18 months—and expected to ...
1d
on MSN
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
23h
on MSN
When the interest-rate cut will hit your mortgage, car loan, credit-card bills and savings accounts
Lower interest rates will soften the prices consumers pay for debt — but people may not see an impact on their payments for a ...
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