A rebound from recent lows

A rebound from recent lows

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

30-year rates are one-day pace to be below 6%

A rebound from recent lows

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