Mortgage interest rates today: Rates are unchanged
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for a $250,000 mortgage with a 15-year term and a fixed interest rate of 5.5% would be $2,042.71. The payment for the same loan with a 6% interest rate would be $2,109.64.
Mortgage rates drop to lowest level since early 2023 after rate cut
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%.
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and cover medical and retirement ...
Mortgage rates decline as Federal Reserve cuts benchmark rate by 50 basis points, sparking increased demand for home ...
Learn more about the advantages and drawbacks of Freddie Mac Home Possible and how to qualify to help you decide if it's ...
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