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Rates for a 15-year mortgage stand at an average 6.67% for purchase and 6.75% for refinance, down 2 basis points from 6.69% for purchase and from 6.77% for refinance over the past week. The ...
Today's rates on a 30-year mortgage are steady, while 15-year rates show a rise as of Thursday, May 16, 2024. The latest consumer pricing data released yesterday indicates inflation is easing, but ...
The current average interest rate for a 30-year fixed mortgage is 7.21% for purchase and 7.22% for refinance, down 12 basis points from 7.33% for purchase and down 8 basis points from 7.30% for ...
A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.
Daily mortgage rates for May 13, 2024: Rates on 30-year, 15-year mortgages down ahead of this week's inflation news
The current average interest rate on a 30-year fixed mortgage is 6.97% for purchase and 6.99% for refinance — up 9 basis points for purchase and 11 basis points for refinance over the past week.
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