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
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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
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
Today’s Mortgage Rates for Aug. 14, 2023: Rates Increased
A couple of important mortgage rates crept upward over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both were higher. For variable rates, the 5/1 adjustable-rate mortgage also trended upward. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the Federal Reserve began bumping… Continue reading Today’s Mortgage Rates for Aug. 14, 2023: Rates Increased
Here Are Today’s Refinance Rates, August 4, 2023: Rates Rise
Both 15-year fixed and 30-year fixed refinances saw their mean rates climb this week. The average rate on 10-year fixed refinance didn’t fluctuate. 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… Continue reading Here Are Today’s Refinance Rates, August 4, 2023: Rates Rise
Here Are Today’s Refinance Rates, Aug. 3, 2023: Rates Move Up
Both 15-year fixed and 30-year fixed refinances saw their average rates go up 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 Here Are Today’s Refinance Rates, Aug. 3, 2023: Rates Move Up