Credit

30-year mortgage rates have slightly decreased for the third consecutive day.

National Mortgage Rate Trends and Insights The 30-year new purchase mortgage average experienced a slight decline for the third consecutive day, finishing the week at 7.22%. While most other new purchase mortgage rates remained stable, the 15-year average witnessed a…

Mortgage rates have dropped for the third consecutive day.

Mortgage Rates Update: June 3, 2024 Last week, 30-year mortgage rates hit a five-month high, but the trend has shifted this week with rates steadily declining each day, dropping below recent peaks. As of now, the 30-year average stands at…

Certain homeowners find it difficult to give up the low mortgage rates, even when they decide to relocate.

The Appeal of Renting Out Houses Amid Rising Rents and Mortgage Rates The current real estate landscape has seen a significant uptick in homeowners opting to become landlords rather than selling their properties, driven by the rapid increase in both…

Mortgage rates are slightly lower than the recent highs.

National Averages of Lenders’ Best Mortgage Rates Last week, 30-year mortgage rates hit a five-month high, but have since slightly declined, hovering below recent peaks. As of today, the 30-year average stands at 7.51%. Rates for various mortgage types, including…

30-year mortgage rates have been fluctuating within a range below their most recent high.

After reaching a five-month high just last week, 30-year mortgage rates have now experienced a slight decrease and are fluctuating below their recent peak. As of Monday, the 30-year average stands at 7.52%, with rates for various other new purchase…

Mortgage rates rise slightly.

Understanding Mortgage Rate Trends Recent Trends in Mortgage Rates After reaching a five-month peak last week, 30-year mortgage rates have stabilized slightly below the highest point. The current national average stands at 7.57%, with rates for various mortgage types seeing…

Mortgage rates for 30-year loans decrease for the second consecutive day

Mortgage Rate Update: June 3, 2024 After experiencing a notable increase last week, mortgage rates have shown a downward trend, with rates on 30-year mortgages dropping by 15 basis points to reach an average of 7.50%. This decline follows a…

30-year mortgage rates have decreased by 0.1 point.

Mortgage Rate Update: June 3, 2024 Mortgage rates experienced a slight decline on Wednesday after a recent uptick, with 30-year mortgage rates now averaging 7.54%. Various mortgage types also saw reductions in their rates, offering homeowners the opportunity to explore…

30-year mortgage rates have fallen for four consecutive days, reaching a five-week low.

Today’s Mortgage Rate Trends: New Purchase and Refinancing In the past four days, 30-year mortgage rates have seen a significant drop, reaching a new low of 7.82%, the lowest level since late September. Rates for both new purchase and refinancing…

Mortgage rates are fluctuating within a lower range.

The Latest Mortgage Rate Update On Tuesday, mortgage rates remained relatively stable, with a slight increase observed. The 30-year fixed-rate average inched up by 4 basis points to 7.93%. This small uptick follows a significant drop last week, with rates…

Mortgage rates continue to climb, reaching their highest point since November.

Witness a surge in 30-year mortgage rates on Tuesday, with an almost half-percentage-point increase over the past week, now standing at an average of 7.65%. This marks the highest level for 30-year rates since late November. Additionally, rates for various…

30-year mortgage rates have dropped to their lowest point in over a week.

Trending Mortgage Rates Update Exciting news for homeowners and potential buyers as mortgage rates take a dip! The 30-year mortgage rates have fallen to 7.25%, marking their lowest average in the past eight days. This drop has also been reflected…

How will the recent Federal Reserve interest rate decision impact mortgage rates in 2024?

Key Takeaways: The Federal Reserve’s sixth consecutive hold on the federal funds rate was announced yesterday. Fed rate decisions do not directly dictate mortgage rate movements; however, they can have a ripple effect on lender rates. Inflation, exceeding the Fed’s…

Mortgage rates have once again decreased, reaching the lowest point in 7 weeks.

Recent Mortgage Rate Trends: What Borrowers Should Know The latest data reveals a promising trend for prospective homebuyers and those looking to refinance: mortgage rates have been on a downward trajectory as of late. Just yesterday, the 30-year mortgage rate…

30-year mortgage rates have dropped to the 6% range.

National Mortgage Rate Averages Overview On Wednesday, 30-year mortgage rates dipped below 7%, hitting 6.84%, the lowest in seven weeks. This decrease was mirrored across various mortgage types, offering favorable borrowing opportunities. Editor’s Note Effective May 1, we have transitioned…

The 30-year mortgage rate has decreased to 7.00%.

The Latest Mortgage Rate Trends The current mortgage market continues to show promising signs for homebuyers and refinancers alike, with rates on 30-year mortgages hitting a new five-week low on Tuesday. The flagship average rate now stands at a competitive…

30-year mortgage rates have dropped to their lowest point in five weeks.

Current Mortgage Rate Trends The average rate for 30-year mortgages fell to 7.05% on Monday, the lowest level since early April. Rates for various mortgage types also saw slight decreases. Editor’s Note: As of May 1, mortgage rate averages are…

Mortgage rates remain close to their lowest level in a month.

Mortgage Rate Update: June 3, 2024 On Friday, 30-year mortgage rates remained steady at 7.08%, just slightly above their recent low levels. Similarly, rates for other mortgage types also showed minimal movement. Editor’s Note Effective May 1, the mortgage rate…