Over the past week, a few key mortgage rates increased. The average interest rates for 15-year fixed and 30-year fixed mortgages both grew. We also saw an increase 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 Reserve began… Continue reading Mortgage Rates Climb Higher on Aug. 22, 2023: What Does That Mean for You?
Tag: Rates
Current Mortgage Rates for Aug. 22, 2023: Rates Move Upward
A few 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 an increase 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… Continue reading Current Mortgage Rates for Aug. 22, 2023: Rates Move Upward
Current Refinance Rates on Aug. 22, 2023: Rates Move Higher
Both 15-year fixed and 30-year fixed refinances saw their average rates increase this week. The average rate on 10-year fixed refinance decreased. 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. 22, 2023: Rates Move Higher
Mortgage Rates for Aug. 21, 2023: Rates Climb
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
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
How to Shop and Compare Electricity Rates in Connecticut
Only 18 states are deregulated — where you have the power to choose who supplies your energy — and Connecticut is one of them. If you live in Connecticut, you’ve probably noticed that your electricity costs have steadily increased over the past few years. According to the Energy Information Administration, residents of the Constitution State… Continue reading How to Shop and Compare Electricity Rates in Connecticut
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