Mortgage rates this week for a 30-year fixed loan decreased to 6.74%, down from 6.75% last week. So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. Monthly mortgage payment today
Mortgage rates this week for a 30-year fixed loan increased to 6.75%, up from 6.72% last week. So what impact does this have on your monthly mortgage payment? And what does this mean for homebuyers? Here’s the monthly cost of purchasing a typical home today, according to the Realtor.com® mortgage calculator. Monthly mortgage payment today with a
Despite forecasts that mortgage rates will slowly ease, buying a home is still too costly for most people. The average 30-year fixed rate has been in the 7% range over the last 7 months, creating some hefty monthly payments. President Donald Trump’s tariffs on imports have added economic uncertainty. The Federal Reserve has paused cutting
Refinance rates moved higher again as of May 6, 2025, according to the latest data from the Mortgage Research Center. The 30-year fixed refinance rate rose to 6.92%, while the 15-year fixed rate dropped slightly to 5.76%. 30-year fixed refinance rates move up The average 30-year fixed-rate refinance hit 6.92%, up from 6.10% a week