Learn more:Weekly mortgage rate trend predictions Purchase Refinance ProductInterest RateAPR 30-Year Fixed Rate6.91%6.96% 20-Year Fixed Rate6.69%6.75% 15-Year Fixed Rate6.18%6.26% 10-Year Fixed Rate6.15%6.24% 5-1 ARM6.68%7.42% 10-1 ARM6.92%7.25% ...
Learn more:Weekly mortgage rate trend predictions ProductInterest RateAPR 30-Year Fixed Rate7.05%7.10% 20-Year Fixed Rate6.88%6.95% 15-Year Fixed Rate6.36%6.45% 10-Year Fixed Rate6.34%6.44% 5-1 ARM6.29%6.94% 10-1 ARM6.85%7.45% 30-Year Fixed Rate FHA7.32%7.37% ...
Type of MortgageCurrent RateRate Reported a Week PriorRate Reported a Month Prior 6.706%6.561%6.786% 6.864%6.837%7.060% 6.374%6.276%6.420% 6.248%5.990%6.322% 6.384%6.384%6.452% 5.953%5.815%6.001% So how do mortgage rates work and why do they fluctuate so much? We’ll explain. ...
They have trended upward in 2025, bouncing back from the record lows of the pandemic era. What are interest rates based on? Fixed mortgage interest rates operate in their own market. They’re not directly tied to the Federal Reserve’s fed funds rate, although this benchmark rate can help...
Those same concerns caused daily rate averages to move higher as well. That upward trend, however, may come to an end this week. On Wednesday, the Bureau of Labor Statistics released the December inflation report, which showed that although headline prices had increased, core inflation (which ...
Current 30-year mortgage rates in January 2025Here’s a table breaking down today’s average mortgage rates. LOAN TYPE AND TERMS30-year conforming mortgage30-year jumbo mortgage30-year FHA home loan30-year VA home loan30-year USDA home loan Current Rate 6.706% 6.864% 6.374% 6.248% 6.384% ...
We'll take it at face value and expect that the overall trend of low claims remained in place. Current Adjustable Rate Mortgage (ARM) Indexes IndexFor The Week EndingYear Ago Dec 20Nov 22Dec 22 6-Mo. TCM 4.30% 4.45% 5.33% 1-Yr. TCM 4.27% 4.37% 4.88% 3-Yr. TCM 4.29% 4.27% ...
16, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.44 percent. “For the third straight week, mortgage rates trended down, as new data indicates ...
Reserve’s interest rate policy, employment rate, the Consumer Price Index, and the yields of 10-year treasury bonds. Mortgage rates are not directly tied to any of these factors but are indirectly influenced by their current levels and consensus predictions on how they will trend in the near...
30-Year Mortgage Rates Tick Lower, Continuing Recent Trend By Jen Hubley Luckwaldt Nov 22, 2024 Not Moving Because of High Mortgage Rates? A Home Equity Loan Could Be the Answer By Dan Rafter Nov 21, 2024 Mortgage Rates Inch Lower for a Second Day By Sabrina Karl Nov 21, 2024 ...