Today’s Mortgage Rates Moves Over 6% | May 19, 2022

Borrowers will see higher rates on most loan types today. The average rate on a 30-year fixed-rate mortgage moved up 0.208 percentage points to 6.17%. The average rate on a 5/1 adjustable-rate loan increased 0.049 percentage points to 4.44%. On the other hand, the average rate on a 15-year mortgage ticked 0.015 percentage points lower … Read more

Today’s Mortgage Rates Edge Closer to 6% | May 18, 2022

Mortgage rates are higher across almost all loan categories today. Homebuyers applying for a 30-year fixed-rate mortgage will see averaging rates of 5.962%. For those looking for alternatives, the 15-year fixed-rate mortgage is averaging 4.967%. Meanwhile, the 5/1 adjustable-rate mortgage is averaging 4.391%. The latest rate on a 30-year fixed-rate mortgage is 5.962%. ⇑ The … Read more

Today’s Mortgage Rates Inch Lower | May 17, 2022

Borrowers applying for a 30-year fixed-rate mortgage can expect an average rate of 5.85% today, down just 0.04 percentage points from yesterday. Other loan options are mostly lower as well. The 15-year fixed-rate mortgage is averaging 4.937%. While the 5/1 adjustable-rate mortgage has an average rate of 4.324% today. The latest rate on a 30-year … Read more

Today’s Mortgage Rates | December 30, 2021

Mortgage rates are trending higher today. The average rate on a 30-year fixed-rate mortgage is up 0.015 percentage points from yesterday to 3.646%. growing, rates remain very low historically speaking. Borrowers with strong credit can still find attractive rates and low monthly payments on a new mortgage or when refinancing an existing loan. The latest … Read more

Daily Mortgage Rates Rise Above 3.9% | January 18, 2022

The 30-year mortgage is starting the work week with an average rate of 3.916%. That is 0.018 percentage points higher than last week’s ending rate. All fixed-rate loan categories are higher across the board, with the rate on a 30-year refinance increasing to 4.058%. On the other hand, rates for adjustable mortgages are all lower. … Read more

Today’s Mortgage Rates Move Lower | February 1, 2022

Borrowers shopping for a 30-year fixed-rate mortgage can expect averaging rates 4.041%, a decrease of 0.026 percentage points from yesterday. Rates are lower for most other loan categories as well. The average rate for a 30-year refinance loan dropped to 5.293%, while the rate on a 5/1 adjustable-rate mortgage loan is averaging 2.566%. The latest … Read more

Daily Mortgage Rates End Week Lower | May 14 & 15, 2022

Daily average mortgage rates trended lower this week. The interest rate on a 30-year fixed-rate mortgage is now 5.788%. That’s 0.151 percentage points lower than last week and 0.066 percentage points lower than a month ago. Despite the recent decline, rates have been trending higher since the start of the year and are now a … Read more

Today’s Mortgage Rates Drop Lower | May 13, 2022

The average rate on a 30-year fixed-rate mortgage dropped to 5.788% today, moving 0.262 percentage points lower compared to yesterday. Other loan categories are seeing lower rates as well, with the 15-year fixed-rate loan averaging 4.857% and the 5/1 adjustable-rate mortgage averaging 4.242%. The latest rate on a 30-year fixed-rate mortgage is 5.788%. ⇓ The … Read more

Daily Mortgage Rates Trend Lower This Week | May 7 & 8, 2022

After a week that saw rates seesawing, the average rate for a 30-year fixed-rate mortgage ended the week at 5.939%, 0.17 percentage points lower than last week’s ending rate. Mortgage rates are expected to continue rising, although at what pace is unsure. Borrowers planning on a home purchase this year should work on their credit … Read more

Today’s Mortgage Rates Edge Back Up | May 12, 2022

Borrowers applying for a 30-year fixed-rate mortgage will see an average rate of 6.05% today. Average rates are higher for all other loan categories as well, with the 15-year fixed-rate loan at 5% and the 5/1 ARM averaging 4.408%. The latest rate on a 30-year fixed-rate mortgage is 6.05%. ⇑ The latest rate on a … Read more

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