30-Year Mortgage Rates Average 30-year mortgage rates are hovering around the upper 6% range, according to Zillow data. This rate was 6.42% in December.

The price of homeownership remains out of reach for many Americans as home prices remain high and mortgage rates continue to ...

Here’s why $1 spent on mortgage rate buydowns by builders like PulteGroup currently generates more monthly payment savings ...

Four years ago, when the average rate for a 30-year fixed mortgage fell to 2.65%, it was far cheaper to purchase a house and refinance a mortgage. The number of borrowers taking out new home loans ...

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.

If you took out a $150,000 mortgage, for example, one point would cost $1,500 and get you a 0.25% discount. Two mortgage points would cost $3,000 and lower your interest rate by 0.50%.

Mortgage rates might need to fall by at least 2% to increase inventory, some experts say. However, there may be other factors, such as new construction and delinquency rates, that could also play ...