March 15, 2025

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Mortgage

Rates drop by 51 basis points in a month

Some mortgage rates have increased today, while others have decreased. However, the longer-term trends show that rates are dropping overall. Zillow data shows that the current 30-year mortgage rate is 6.01%. This is 18 basis points lower than this time last week, 51 points lower than this time last month, and 59 points lower than

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Mortgage

Rates are unsteady after Fed comments

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

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Mortgage

Most rates are still trending downward

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

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Finance

This popular finance columnist shares why she ditched her ultra-low mortgage rate to pay off her debt early

This popular finance columnist shares why she ditched her ultra-low mortgage rate to pay off her debt early Would you rather kick up your feet and relax in a completely paid-off home or sit on an ultra-low mortgage rate while you invest your funds elsewhere? A year ago, Washington Post personal finance columnist Michelle Singletary,

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Mortgage

Mortgage rates today, July 14, 2024: Rates hold steady

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

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Mortgage

30-year fixed rate keeps increasing

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?

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Mortgage

Mortgage Interest Rates Today, June 2, 2024

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

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Mortgage

Mortgage Interest Rates Today, May 18, 2024

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 dropped to the mid-6% range this week for the

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