Tag: Rates

Homeowners Face Higher Refi Rates: Mortgage Refinance Rates on March 25, 2024

Current refinance interest rates Refinance rates are still high, but your personal interest rate will depend on your credit history, financial profile and application. Average refinance rates reported by lenders across the US as of March 25, 2024. We track refinance rate trends using information from Bankrate. Mortgage refinance rates change every day. Experts recommend… Continue reading Homeowners Face Higher Refi Rates: Mortgage Refinance Rates on March 25, 2024

Home Loan Rates Increased Over the Last Week: Mortgage Interest Rates Today for March 25, 2024

Current mortgage interest rates If you’re in the market for a home, here are today’s mortgage rates compared to last week’s. Loan term Today’s Rate Last week Change 30-year mortgage rate 6.98% 6.88% +0.10 15-year fixed rate 6.47% 6.41% +0.06 10-year fixed 6.40% 6.26% +0.14 5/1 ARM 6.51% 6.38% +0.13 30-year jumbo mortgage rate 7.09%… Continue reading Home Loan Rates Increased Over the Last Week: Mortgage Interest Rates Today for March 25, 2024

Current Mortgage Rates for Aug. 25, 2023: An Important Rate Eases

Mortgage rates over the last seven days followed a split path, but an important rate dropped. Average 15-year fixed mortgage rates inched upward, while average 30-year fixed mortgage rates receded slightly. For variable rates, the 5/1 adjustable-rate mortgage notched higher. As inflation surged in 2022, so too did mortgage rates. To rein in price growth,… Continue reading Current Mortgage Rates for Aug. 25, 2023: An Important Rate Eases

Mortgage Refinance Rates for Aug. 25, 2023: A Key Rate Moves Higher

The average rate nationwide for a 15-year fixed refinance tailed off this week, while 30-year fixed-rate refinances saw an increase. The average rate on 10-year fixed refinances slumped. 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… Continue reading Mortgage Refinance Rates for Aug. 25, 2023: A Key Rate Moves Higher

Here Are Today’s Refinance Rates, Aug. 24, 2023: Benchmark Rate Increases

Over the past week, the average interest rate for a 30-year fixed refinance increased. Meanwhile, the 15-year fixed refinance saw its average rate remain unchanged, but the average rates for 10-year fixed refinances decreased. At the start of the pandemic, refinance rates hit a historic low. Then in early 2022, the Federal Reserve began hiking… Continue reading Here Are Today’s Refinance Rates, Aug. 24, 2023: Benchmark Rate Increases

Today’s Mortgage Rates for Aug. 24, 2023: Rates Are Mixed

Over the past seven days, the average interest rate for a 30-year fixed mortgage decreased, while the average rate for a 15-year fixed mortgage increased. 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, the Federal… Continue reading Today’s Mortgage Rates for Aug. 24, 2023: Rates Are Mixed

Here Are Today’s Mortgage Rates on Aug. 23, 2023: Rates Increase

A variety of notable mortgage rates boasted increases over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgages both made gains. For variable rates, the 5/1 adjustable-rate mortgage also increased. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal Reserve… Continue reading Here Are Today’s Mortgage Rates on Aug. 23, 2023: Rates Increase

Current Refinance Rates on Aug. 23, 2023: Rates Increase

Both 15-year fixed and 30-year fixed refinances saw their average rates increase this week. The average rates for 10-year fixed refinances sank. 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 the Fed… Continue reading Current Refinance Rates on Aug. 23, 2023: Rates Increase