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The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Last year, the rate averaged 6.86% The rate on a 15-year fixed-rate loan averaged 5.89%, ticking down by 0.07 percentage points. Mortgage rate trends ...
On the bright side, however, rates have stayed within a tight range between 6.7% and 6.9% for much of the past six months. Most industry experts expect this trend to continue through the end of the ...
Historic mortgage rate trends. During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3 ...
Mortgage rate trends Mortgage rates have been trending lower for the past five weeks and are currently at their lowest level since early April, when the 30-year rate average 6.62%.That ...
Inflation trends: Mortgage rates generally fall when inflation slows. Recent data shows inflation is cooling, but not as quickly as the Fed would like. Economic growth: ...
Historic mortgage rate trends. During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3 ...
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