According to Zillow Lender Marketplace Rates, the current 30-year fixed rate fell 3 basis points to 6.33%The 15-year fixed rate remained unchanged in 5.79%and the ARM 5/1 rose 24 basis points to 6.45%. ARM 5/1 rates have shown significant daily volatility over the past few weeks. READ MORE: Weekly Survey of Mortgage Lenders with the…
Mortgage rates on various types of loans began rising last week and then declined for consecutive days at the end of the week. Will rates follow a similar path this week? We will be keeping an eye on Treasury yields and the latest developments in the Middle East to see where rates will move this…
According to Zillow Lender Marketplace Rates, compared to yesterday, the current 30-year fixed rate fell 12 basis points to 6.34%the 15-year fixed rate fell 7 basis points to 5.90%and the ARM 5/1 fell 19 basis points to 6.29%. READ MORE: Weekly Survey of Best Rate Mortgage Lenders: Another Upward Move Above 6% APR Today’s mortgage…
Mortgage rates for all types of loans have increased since last Monday, according to Zillow’s lender marketplace. Since last week, the 30-year fixed rate has risen 16 basis points to 6.41%the 20-year fixed rate has risen 12 basis points to 6.07%the 15-year fixed rate has risen 14 basis points to 5.80%and the ARM 5/1 has…
Since Monday, May 11, mortgage rates on all loan types have increased, according to Zillow’s lender marketplace. The 30-year fixed rate has risen 16 basis points to 6.41%the 20-year fixed rate rose 12 basis points to 6.07%the 15-year fixed rate has risen 14 basis points to 5.80%and the ARM 5/1 rose 22 basis points to…
Treasury yields rose again on Friday and mortgage rates followed suit, as they usually do. According to Zillow Lender Marketplace rates, the current 30-year fixed rate is 6.41%14 basis points more than yesterday. The 15-year fixed rate rises 8 basis points to 5.80%and the ARM 5/1 rose 14 basis points to 6.63%. READ MORE: Weekly…
Yesterday we wrote that interest rates on both home equity loans and home equity lines of credit are near their 2026 lows, but remain about a percentage point higher than 30-year fixed-rate conforming loans. But why? The short answer is that HELOCs and home equity loans require mortgage lenders to take on additional risk compared…
Long-term mortgage rates were mixed last week. The 30-year bond ended the week higher, the 20-year bond ended lower and the 15-year fixed bond remained flat. Will rates do the same this week? For the most part, mortgage rates can be expected to continue moving up and down, but to remain within a fairly narrow…
According to Zillow’s lender marketplace, when comparing rates from the beginning to the end of last week, 30-, 20-, and 15-year fixed loans tell a different story. The 30-year fixed rate began the week at 6.20% and ended the week with a rise of five basis points in 6.25%. The 20-year fixed rate started the…
Yesterday we said: “It wouldn’t be a surprise if tomorrow’s interest rate article talked about mortgage rates going up again.” As predicted, 30- and 15-year fixed-rate loans have increased again. According to Zillow Lender Marketplace rates, the current 30-year fixed rate is 6.25%seven basis points more than yesterday. Meanwhile, the 15-year fixed rate rises nine…
