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New weekly data from Freddie Mac shows mortgage rates pulling back from highs as of Friday, June 7, 2024, while daily rates for 30-year and 15-year fixed terms inch lower to end the week.
Mortgage rates open the week with a continued inching down on popular 30-year and 15-year terms as of Monday, May 20, 2024. The current average rate for a 30-year fixed mortgage is 7.04% for ...
The current average interest rate for a 30-year fixed mortgage is 7.10% for purchase and for refinance — down 3 basis points from 7.13% for purchase and 5 basis points from 7.15% for refinance ...
The current average interest rate for a 30-year fixed mortgage is 7.13% for purchase and 7.15% for refinance — up 11 basis points from 7.02% for purchase and from 7.04% for refinance last Wednesday.
However, in the United States, the average interest rates for fixed-rate mortgages in the housing market started in the tens and twenties in the 1980s and have (as of 2004) reached about 6 per cent per annum. However, gross borrowing costs are substantially higher than the nominal interest rate and amounted for the last 30 years to 10.46 per cent.
See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. Daily mortgage rates for June 6, 2024 ...
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