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…
This weekend, mortgage rates were back above 6%. Higher oil prices and mixed economic data are lifting bond yields. Zillow Lender Marketplace reports average 30-year fixed mortgage 6.08%. 15 years are now 5.62%. Here are the current mortgage rates, according to the latest data from Zillow: Fixed for 30 years: 6.08% Fixed for 20 years:…
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…
The government shutdown has been extended into a new week as most Democrats and Republicans in Congress remain at loggerheads, leaving federal workers, the military and other Americans worried about critical paychecks. The Senate funding bill failed for the 10th time on Thursday, but senators will vote again on Monday. Democrats have been pushing to…
