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The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, barely down from 6.74% last week.
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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 ...
The average 30-year fixed mortgage interest rate is 6.90% today, down -0.08% over the last week. The average rate for a 15-year fixed mortgage is 6.09%, which is a decrease of -0.05% compared to a ...
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked up to 6.65% from last week's reading of 6.63% ...
Mortgage rates increased this week, according to data from Freddie Mac released on Thursday. The average rate on the 30-year fixed mortgage is 6.83%, up from 6.62% last week.
Mortgage rates are down and under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.93%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is ...
The average interest rate for a standard 30-year fixed mortgage is 7.02% today, up 0.06% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.19%, which is an increase of 0 ...
Despite 30-year fixed-rate mortgage being stable, flexible, and optimized for buyers and investors, it hasn’t resulted in a particularly high homeownership rate in the U.S.