Mortgage rates have dropped five days in a row. According to Zillow Lender Marketplace, the current 30-year fixed rate is 6.22%a surprising quarter of a point less than last weekend. Meanwhile, the 15-year fixed rate is down 18 basis points since last weekend to 5.72%. Here are the current mortgage rates, according to the latest…
Mortgage rates have risen to a nearly six-month high. According to Zillow Lender Marketplace, the current 30-year fixed rate is 6.47%10 basis points more than Friday. The 30-year rate hasn’t been this high since late September. Meanwhile, the 15-year fixed rate has risen five basis points to 5.90%. Here are the current mortgage rates, according…
Rates made a small move lower today. The 30-year fixed rate fell eight basis points to 6.29%according to Zillow’s lender marketplace. The 15-year fixed rate fell five basis points to 5.77%. It is the first rate reduction in a week. Here are the current mortgage rates, according to the latest data from Zillow: Fixed for…
In a “normal world,” geopolitical unrest and economic uncertainty would drive bond yields lower as traders shift to “safe haven” investments. That would cause mortgage rates to fall. However, the specter of possible renewed inflation as oil prices soar in reaction to the Middle East conflict has actually pushed yields higher. According to Zillow Lender…
Mortgage rates have risen as the bond market digested developments in the Middle East. Higher oil prices sparked fears of inflation and bond yields soared. According to Zillow Lender Marketplace, the current 30-year fixed rate is 5.98%17 basis points more than last weekend. The 15-year fixed rate rises 18 basis points to 5.50%. Here are…
The median home price in the United States is $405,300, according to the Federal Reserve Bank of St. Louis. However, if you live in a state with a high cost of living, you can expect to pay much more for a home, perhaps even double. That’s why it’s important to crunch the numbers when buying…
This week, mortgage rates officially moved below 6%, although it has been widely reported elsewhere for weeks (including Yahoo Finance). According to Freddie Mac, the average 30-year fixed rate fell three basis points to 5.98%. Other mortgage rate aggregators have been reporting rates in the 5% range, but Freddie Mac is the official voice of…
Mortgage rates rose a bit today. According to Zillow’s lender marketplace, the 30-year fixed rate rose one basis point from its multi-year low prior to 5.77%. The 15-year fixed rate rose three basis points to 5.40%. 15-year VA loan is eye-opening 4.99%. Here are the current mortgage rates, according to the latest data from Zillow:…
Last summer, Chase Home Lending announced a “mortgage rate sale,” something virtually unheard of in the mortgage industry. This week, Chase will restart the sale and expand it to include purchasing. and refinance mortgage loans. Chase Home Lending is offering limited-time rate discounts to eligible homebuyers and homeowners through Sunday, March 8. Offer is available…
Mortgage rates are slightly higher this weekend. According to Zillow Lender Marketplace, the current 30-year fixed rate is 5.86%five more basis points. The 15-year fixed rate rises six basis points to 5.41%. Why does Zillow report lower mortgage rates than reported elsewhere? We cover that near the bottom of this page. Here are the current…
