Current 30-year mortgage rates chart Chart represents weekly averages for a 30-year fixed-rate mortgage. Average for 2023-25 as of February 7, 2025. Source: Freddie MacPMMS. (c) TheMortgageReports.com Historic mortgage rates: Important years for rates ...
mortgage rates rise to the highest level in 21 years 08/03/2023 [-] Economic Report Mortgage rates rise as Fitch downgrades U.S. government debt 07/09/2023 [-] NerdWallet Face it, the 3% mortgage rate is not coming back 05/31/2023 [-] Economic Report Mortgage rates surge to ...
30 Year Mortgage Rate is at 6.87%, compared to 6.89% last week and 6.64% last year. This is lower than the long term average of 7.72%. The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. There are...
Last Updated: 2/14/25 TIP: Add or remove products from the chart above by clicking items in this legend.Historic Mortgage RatesThe following table shows recent daily results for MND's Rate Index. 30 Yr. Fixed15 Yr. Fixed30 Yr. Jumbo7/6 SOFR ARM30 Yr. FHA30 Yr. VA RateChangeRateChange...
The greater Phoenix area also has bounced back from the foreclosure crisis. For the last three years the city has had the second lowest foreclosure rate among top metro areas. “Builders stopped building during the housing bubble and now demand beats out supply,” Bell said. “Phoenix is no ...
Mortgage rate methodology The Mortgage Reports receives rates based onselected criteriafrom multiple lending partners each day. We arrive at an average rate and APR for each loan type to display in our chart. Because we average an array of rates, it gives you a better idea of what you might...
In fact, 84% of homeowners have a rate below 6%, and rates aren't expected to dip below that threshold anytime within the next few years. A Flourish chart Although many prospective sellers would be hard-pressed to give up their sub-3% mortgage rate, experts predict that that the rate ...
In fact, 84% of homeowners have a rate below 6%, and rates aren't expected to dip below that threshold anytime within the next few years. A Flourish chart Although many prospective sellers would be hard-pressed to give up their sub-3% mortgage rate, experts predict that that the rate ...
The 30-year fixed-rate mortgage continued to inch down this week, reaching its lowest level thus far in 2025. Recent mortgage rate stability is benefitting potential buyers, as purchase demand is stronger than this time last year. This is an indication that a thaw in buyer activity could be...
An adjustable-rate mortgage (ARM), unlike a fixed rate mortgage, has a fixed interest rate for a few years with the 5-year ARM being the most popular (3, 7 and10-year ARMsare also common) with the amortization ordinarily extending over 30 years. Once this initial fixed rate period ends...