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Compared to the pandemic-era interest rates of 3% or less, rates under 7% are still high. But if you look at the historical average, it’s actually a fair rate. Compared to 1981’s interest ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Mortgage rates have fallen to their lowest in 15 months, but buyers haven't flocked to the market. Pending home sales fell 6.9% in the last four weeks, the biggest annual decline in almost a year.
Indeed, while the 30-year average mortgage rate stands at 6.95%, to put this in context, it’s still high compared to the corresponding week in 2021-6.31%; the corresponding week in 2021-3.12% ...
The average 30-year fixed mortgage rate dipped back toward 7% this week, settling at 7.09%, according to Freddie Mac. This is the first time the weekly average rate has fallen in over a month.
GOBankingRates explored what mortgage rates will look like next year amid slashed interest rates. What Will Mortgage Rates Look Like? According to NPR, “the latest data from Freddie Mac showed ...