Mortgage rates are all over the place today — there hasn’t been a clear shift upward or downward since yesterday. For example, Zillow data shows that the average 30-year fixed mortgage rate is down five basis points at 6.01%, the 20-year fixed rate hasn’t changed and sits at 5.69%, and the 15-year fixed rate increased
simonkr / Getty Images Realtor.com predicts that mortgage rates could dip to 6.5% by the end of the year, while Fannie Mae expects them to fall to 6.7%. The good news is that either way, mortgage rates are expected to drop after an aggressive rate hike campaign from the Fed in order to cool down
Mortgage rates plummeted earlier this week. They’ve cooled off now, but most rates are still ticking down — the main exception being the 30-year fixed rate, which is up three basis points since yesterday at 6.21%. But the 15-year fixed rate has dropped six basis points to 5.46%, and the 5/1 ARM rate has decreased
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Average 30-year mortgage rates are currently around 20 basis points down from where
Mortgage rates are fairly stagnant today. Some haven’t shifted at all, and others have increased or decreased by three basis points or less. You’re probably wondering when mortgage rates will go down enough to make a noticeable impact on your monthly payments. The answer? Probably not in 2024 — but possibly in 2025. The Federal
The 30-year mortgage rate is steadily increasing. It currently sits at 6.76% — up six basis points from yesterday, 14 basis points since last weekend, and 13 basis points since this time last month. You’re probably wondering when mortgage rates will go down enough to make a noticeable impact on your monthly payments. The answer?
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. In May, 30-year mortgage rates averaged around 6.76%, which is nine basis points
The average 30-year and 15-year fixed mortgage rates are down for the second consecutive week, according to Freddie Mac. However, the 30-year rate is still hovering over 7%. Economists do expect rates to decrease further this year, though gradually. April forecasts from both Fannie Mae and the Mortgage Bankers Association predict the average 30-year rate