During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

Rates on 15-year mortgages also surged for a third day Wednesday, rising another 15 basis points to 6.22%. That's now well above a recent four-month low of 5.60%.

Canadians have shown “remarkable housing resilience” during the rapid rise in interest rates, but significant risks lie ahead, warns the nation’s housing agency. The analysis by the Canadian Mortgage ...

Rates on 15-year mortgages fell 3 basis points for a second day Wednesday, dropping below 6% to average 5.97%. That's 34 basis points cheaper than the April 11 average of 6.31%, the highest 15 ...

The Fed has ratcheted up interest rates this year, but that's only half of its approach to fighting inflation and taming frothy markets. Quantitative tightening is meant to suck excess liquidity ...

During the 2020 pandemic, for example, the Fed's purchases of mortgage-backed securities helped drive mortgage rates to historic lows. But when the Fed raises rates to combat inflation, which it ...

These are today's mortgage and refinance rates. ... Mortgage rates are unlikely to drop back down to the historic lows of 2020 and 2021, when 30-year fixed rates fell below 3%.

Mortgage rates are forecast to go down this year, ... Mortgage rates started ticking up from historic lows in the second half of 2021 and increased dramatically in 2022 and throughout most of 2023.

In 2019, for example, rates for a 30-year fixed-rate mortgage ranged from about 3.75% to 4.5%. And they dropped to as low as 2.65% in early 2021 as the pandemic wore on.

High mortgage rates are leaving many homebuyers waiting on the sidelines—but they're not killing the dream of homeownership for millennials. Millennials are the only generation with an increased ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...