Today’s mortgage rates are significantly lower than last January’s rates. This time last year, the average 30-year fixed mortgage rate was more than 7%, according to Freddie Mac. Now, the 30-year rate is down 98 basis points year over year to 6.06%. This is a good time to shop around for the mortgage lender that … Read more
Mortgage rates have rebounded from recent lows, but remain below 6%. According to Zillow, the average 30-year fixed rate is 5.93%. Meanwhile, the fixed rate of a 15-year home loan is 5.40%. Zillow collects rates from those offered in its lender marketplace. Here are the current mortgage rates, according to the latest Zillow data: 30 … Read more
Michael Loccisan, and The Washington Post / Getty Images Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Meredith Whitney earned her nickname “Oracle of Wall Street” by predicting the 2008 financial crisis before it hit. Now, almost two decades later, she sees fresh problems brewing – this … Read more
Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national average of 30 years fixed mortgage this week is 6.19%. A year ago, it was an average of 6.69% The fixed rate of 15 years is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell … Read more
Mortgage rates are so close to dropping below 6%. According to Zillow, the average 30-year fixed rate is down two basis points to 6.04%. A fractional one-day move lower and we will be in sub-6% territory, a move that is likely to trigger a wave of purchase and refinance applications. The 15-year fixed home loan … Read more