According to CNBC reporting, FHA-backed mortgage assumptions increased 59 percent in 2023 compared to 2021, and VA-backed mortgage assumptions increased 713 percent in the same time period.

While mortgage rates remain relatively high — today's average 30-year mortgage rate as of August 19, 2024, is 6.57%, which is significantly higher than the pandemic-era lows of below 3% rates ...

The average interest rate for a standard 30-year fixed mortgage is 6.78% today, up 0.04% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.00%, which is an increase of 0 ...

30-year jumbo mortgage rates The average mortgage rate for 30-year jumbo loans rose to 7.37% from 7.33% last week. The rate is down from last month’s 7.41% and up from a year ago when it was 6.92%.