today's national average 15-year fixed refinance interest rate is 6.13%,falling 8 basis pointsfrom a week ago. For now, the consensus is that mortgage rates will ease down in 2024. Whether you need a mortgage now or plan to get one in the next year or two, it’s crucial to compare...
Average mortgage rates for December 13, 2024 Loan terms Latest rates 30-year fixed-rate mortgage 6.866% ? 0.093% 15-year fixed-rate mortgage 6.25% ? 0.067% 7/1 ARM 6.32% ? 0.003% 10/1 ARM 6.679% ? 0.028% Average mortgage refinance rates for December 13, 2024 Loan terms...
National mortgage rates by loan type As you consider options for financing a home purchase or refinancing your existing mortgage, use the APRs in the table below as a guide. The lower your APR, the lower the overall cost of the loan. In addition to considering the cost, consider your long...
Current mortgage rates main takeaways: According to Money's daily survey, the average rate on a 30-year fixed-rate mortgage is 6.962%. Money's 30-year refinance rate is averaging 7.04%. Freddie Mac's average rate for a 30-year fixed-rate mortgage dropped to 6.60% this week, a decrease...
For December 1, 2024, the national average 30-year fixed mortgage rate is 7.10% for a new home purchase, which is down compared to last week’s rate of 7.11%.Written by Cheri Read Edited by Liz Bingler In this Guide: Daily 30-Year Mortgage Rates Compared to Other Loan Types Compare...
National averages of rates offered by more than 40 lenders, with a down payment of at least 20% and an applicant credit score of 680 to 739. Editor's Note Our daily mortgage rate averages are based on data from Zillow Group Marketplace. As this involves a different rate source and meth...
Current Mortgage Rates The following rates are today’s national averages: ProductRateMonthly Principal & Interest 30-Year Fixed Rate7.21%$679.47 15-Year Fixed Rate6.44%$867.81 5/6 ARM6.94%$661.28 7/6 ARM7.23%$680.82 10/6 ARM7.29%$684.89 ...
Current average mortgage interest rates in the U.S. in December 2024 Type of MortgageCurrent RateRate Reported a Week PriorRate Reported a Month Prior 30-year conforming 6.558% 6.673% 6.701% 30-year jumbo 6.829% 6.850% 6.959% 30-year FHA 6.208% 6.369% 6.346% 30-year VA 6.090% 6.122% 6....
Current average mortgage interest rates in the U.S. in December 2024 Type of MortgageCurrent RateRate Reported a Week PriorRate Reported a Month Prior 30-year conforming 6.561% 6.673% 6.760% 30-year jumbo 6.837% 6.850% 7.020% 30-year FHA 6.276% 6.369% 6.376% 30-year VA 5.990% 6.122% 6....
Should I lock in my refinancing mortgage rate? While a rate lock can be great protection from rising interest rates, it can also be a negative if rates fall before you're set to close. Unless your rate lock has a provision called ...