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30-Year Fixed-Rate Mortgage Reaches Lowest Level in 2 Years
Average rate on 30-year mortgage slips to 6.08 percent, lowest level in two years
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, increased slightly this week. The average rate rose to 5.16 percent from 5.15 percent last week. A year ago, it averaged 6.72 percent, Freddie Mac said.
The 30-Year Fixed-Rate Mortgage Reaches Lowest Level in Two Years
Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” said Sam Khater, Freddie Mac’s Chief Economist. “Given the downward trajectory of rates,
Mortgage interest rates today: Rates are up
As of September 26, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.000%, which is 0.010 percentage points higher than yesterday.
17h
on MSN
Mortgage rates fall for the third week in a row. Buyers are on their way.
Mortgage rates are 123 basis points lower than they were a year ago, but those most excited by the news and motivated to act ...
17h
on MSN
Long-term mortgage rates drop to 2-year low
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate ...
1d
Mortgage rates came down, but aren't heading as low as you might remember
The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates ...
Multi-Housing News
22m
Commercial Mortgage Delinquency Rates Increased in Q2 2024
Details from the Mortgage Bankers Association’s latest report on the second quarter of 2024. Read the details.
Mortgage News Daily
13h
Mortgage Rates Are 110% NOT Lower This Week
Because we created the industry's first daily mortgage rate index based on actual lender rate sheets without any subjective ...
9h
30-year mortgage rate hits 2-year low
The average rate on a 30-year fixed-rate mortgage remained nearly unchanged this week but reached its lowest level in two ...
ConsumerAffairs
17h
Mortgage rates fell again this week
In the wake of the Federal Reserve’s cut in the federal funds rate, mortgage rates also are continuing their downward trend.
18h
Mortgage Rates Hovering About a Quarter Point Above 2-Year Low
After sinking last week to its lowest level since 2022, the 30-year mortgage rate average has edged higher. But so far it's ...
1d
Freddie Mac mortgage book grows 4.2% in August, largest rise of 2024
Freddie Mac's mortgage portfolio grew by 4.2% in August to $3.54T, marking its largest monthly increase of 2024.
The San Joaquin Valley Sun
14h
Mortgage rates drop to two-year low
The average rate on a 30-year fixed-rate mortgage reached its lowest level in two years, with rates averaging 6.08% as of ...
Bill McEwen
16h
30-Year Mortgage Rates Hit Two-Year Low, Sparking Increased Refinancing Activity
Explore the impact of low mortgage rates on the housing market. Learn how buyers are taking advantage of favorable interest ...
20h
on MSN
Here's Why Signing a Mortgage Could Get Cheaper After September
Not only have home prices been elevated due to a glaring lack of real estate inventory, but mortgage rates have been elevated ...
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