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.

According to the National Association of Realtors, the housing supply in June increased by nearly 16% year over year, ...

For example, while 10% of the mortgages in Florida are somewhere in the process of foreclosure, this is down considerably from the high of 14.5% two years ago." ...

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

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 ...

A 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates. However, they must be ready to pay the original rate from the fourth year onward.

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 ...