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

Here Are Mortgage Rates for Aug. 9, 2023: Rates Trend Upward

A couple of closely followed mortgage rates moved up over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both inched up. At the same time, average rates for 5/1 adjustable-rate mortgages also ticked up. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the… Continue reading Here Are Mortgage Rates for Aug. 9, 2023: Rates Trend Upward

Here Are Mortgage Rates for Aug. 9, 2023: Rates Trend Upward

A couple of closely followed mortgage rates moved up over the last seven days. The average 15-year fixed and 30-year fixed mortgage rates both inched up. At the same time, average rates for 5/1 adjustable-rate mortgages also ticked up. As inflation surged in 2022, so too did mortgage rates. To rein in price growth, the… Continue reading Here Are Mortgage Rates for Aug. 9, 2023: Rates Trend Upward