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Apr 18, 2024 · Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.
Nov 10, 2022 · Mortgage rates fall sharply to under 7% after inflation eases. Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October. The average rate on the ...
Mortgage rates can change daily, sometimes more than once a day. If you’re watching rates, it’s helpful to know .25% (a quarter of a percentage point), roughly equals a $30 change in your monthly payment. Interested in looking back at rate trends?
1 day ago · For today, Wednesday, May 15, 2024, the current average interest rate for a 30-year fixed mortgage is 7.21%, decreasing 12 basis points over the last week. For homeowners looking to refinance ...
Dec 7, 2023 · It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of increases. The 30-year fixed-rate mortgage fell to an average of 7.03% in the week ending December 7 ...
Jun 14, 2023 · Mortgage application volume rose 7.2% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate ...
Oct 10, 2023 · As of Wednesday, July 20, 2022, mortgage rates averaged the following in California, according to Bankrate data: 30-year fixed: 5.80%. 15-year fixed: 5.03%. 5/1 ARM: 3.94%. The 30- and 15-year ...
