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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 ...
Average mortgage rates remain stable as of Thursday, July 25, 2024, a welcome calming after spikes and volatility earlier in the month that pushed 30-year fixed rates above 7.00%.
Mortgage rates ticked lower week over week as of Tuesday, July 23, 2024, with the 30-year fixed mortgage rate staying below 7% after falling last week to its lowest level since mid-March.
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.
Mortgage rates for 30-year fixed terms are steady as of Wednesday, July 24, 2024, with 15-year terms easing moderately ahead of the Federal Reserve's rate-setting session next week.
Rates for a 15-year mortgage stand at an average 6.00% for purchase and 6.07% for refinance, down 33 basis points from 6.33% for purchase and 27 basis points from 6.34% for refinance this time ...
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