Mortgage Refinance Rates Drop for a 3rd Day
Long-term mortgage rates drop to 2-year low
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022.
US 30-year fixed-rate mortgage dips to 6.08%, lowest since Sept 2022
U.S. mortgage rates edged down to a two-year low this week, which could provide a further boost to refinancing activity, though many potential home buyers remain on the sidelines. The average rate on the popular 30-year fixed-rate mortgage dipped to 6.
Mortgage Refinance Rates Drop for a Third Day
After plunging last week to a 19-month low, but then rising back up, 30-year refi rates have again begun dropping—three days in a row. Most other refi rates have also dipped.
Mortgage interest rates today: Rates are up
The current median interest rate is 6.000% for a 30-year fixed-rate mortgage and 5.250% for a 15-year fixed-rate mortgage.
Mortgage Interest Rates Today, September 26, 2024 | Rates Might Not Drop Much More This Year
These are today's mortgage and refinance rates. Mortgage rates are low after dropping for several months. But it could be a while before they drop again.
The home mortgage refinance mini-boom
Axios Visuals Homeowners who took out mortgages at the height of the Federal Reserve's rate-hiking campaign are rushing to shrink their monthly payments. Why it matters: This is one intended effect of easing monetary policy — and the housing sector is a key transmission mechanism.
Experts urge due diligence before mortgage refinance
Consumer Investigator Rachel DePompa talks to Virginia Credit Union about the reasons refinancing may or may not be a good idea.
30-Year Mortgage Refinance Rates
See current 30-year refinance rates and how they've been trending. Find the lowest rates to save on your mortgage, lower your payments, or access home equity.
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