A number of important mortgage rates rose over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both moved up. At the same time, average rates for 5/1 adjustable-rate mortgages also lifted. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal Reserve began… Continue reading Mortgage Rates for Aug. 21, 2023: Rates Climb
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Refinance Rates for Aug. 21, 2023: Rates Advance
Both 15-year fixed and 30-year fixed refinances saw their average rates climb this week. The average rates for 10-year fixed refinances also made gains. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in an effort to curb high inflation. While… Continue reading Refinance Rates for Aug. 21, 2023: Rates Advance
Current Refinance Rates on Aug. 18, 2023: Rates Tick Higher
Both 15-year fixed and 30-year fixed refinances saw their average rates go higher this week. The average rates for 10-year fixed refinances also moved up. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in an effort to curb high inflation.… Continue reading Current Refinance Rates on Aug. 18, 2023: Rates Tick Higher
Today’s Mortgage Rates for Aug. 18, 2023: Rates Increase
A variety of major mortgage rates went higher over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgages both grew. We also saw a hike in the average rate of 5/1 adjustable-rate mortgages. As inflation surged in 2022, so too did mortgage rates. To rein in price growth,… Continue reading Today’s Mortgage Rates for Aug. 18, 2023: Rates Increase
Mortgage Interest Rates for Aug. 17, 2023: Rates Move Up
A variety of notable mortgage rates increased over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgages both crept higher. We also saw an upward trend in the average rate of 5/1 adjustable-rate mortgages. As inflation surged in 2022, so too did mortgage rates. To rein in price… Continue reading Mortgage Interest Rates for Aug. 17, 2023: Rates Move Up
Mortgage Refinance Rates for Aug. 17, 2023: Rates Tick Higher
Both 15-year fixed and 30-year fixed refinances saw their average rates increase this week. The average rates for 10-year fixed refinances also made gains. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in an effort to curb high inflation. While… Continue reading Mortgage Refinance Rates for Aug. 17, 2023: Rates Tick Higher
Mortgage Interest Rates Today for Aug. 16, 2023: Rates Tick Up
A handful of closely followed mortgage rates climbed up over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both moved higher. At the same time, average rates for 5/1 adjustable-rate mortgages also increased. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal… Continue reading Mortgage Interest Rates Today for Aug. 16, 2023: Rates Tick Up
Current Refinance Rates on Aug. 16, 2023: Rates Move Higher
Both 15-year fixed and 30-year fixed refinances saw their mean rates climb this week. The average rates for 10-year fixed refinances also inched up. At the start of the pandemic, refinance rates hit a historic low. But in early 2022, the Federal Reserve began hiking interest rates in an effort to curb high inflation. While… Continue reading Current Refinance Rates on Aug. 16, 2023: Rates Move Higher
Mortgage Interest Rates Go Up on Aug. 15, 2023: What Does That Mean For You?
A couple of closely followed mortgage rates crept upward over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both climbed higher. For variable rates, the 5/1 adjustable-rate mortgage also advanced. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal Reserve began bumping… Continue reading Mortgage Interest Rates Go Up on Aug. 15, 2023: What Does That Mean For You?
Current Mortgage Interest Rates on Aug. 15, 2023: Rates Tick Up
A couple of closely followed mortgage rates crept upward over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both climbed higher. For variable rates, the 5/1 adjustable-rate mortgage also advanced. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal Reserve began bumping… Continue reading Current Mortgage Interest Rates on Aug. 15, 2023: Rates Tick Up