Despite forecasts for mortgage rates to slowly ease in 2025, buying a home is still too expensive for most people. The average 30-year fixed rate has hovered ... rate movement in recent years, see the ...

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.87%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.86%. On a 30-year jumbo ...

Explore the current 15-year mortgage rates, plus how to get the best rate for your needs and whether a 15- or 30-year mortgage is right for you. Mortgage rates tend to fluctuate day by day.

The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac. By 1979, the rate had risen to an ...

The following chart makes clear just how sharply mortgage originations have collapsed since the Federal Reserve began raising rates in early 2022. As 30-year mortgage rates surged past 6%, total ...

30-year fixed-rate refinance The current average interest rate for a 30-year refinance is 6.89%, a decrease of 7 basis points compared to one week ago. (A basis point is equivalent to 0.01%.) ...

Experian reports high mortgage rates continue to suppress home sales, with fewer than 4 million homes sold in 2024, the ...

"With borrowing costs elevated, buyers can take steps to reduce their housing expenses by securing a lower mortgage rate," ...

Macroeconomic conditions seem challenging for Rocket Companies; however, signs of improving macroeconomic conditions are ...