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Rates on a 15-year mortgage stand at an average 6.20% for purchase and 6.19% for refinance, down 7 basis points from 6.27% for purchase and 7 basis points from 6.26% for refinance over the past week.
Rates for a 15-year fixed mortgage average 6.23% for purchase and 6.22% for refinance, down 1 basis point from 6.24% for purchase and 1 basis point from 6.23% for refinance this time last week.
The average rate for shorter 15-year terms is 6.39% for purchase and 6.38% for refinance, a up 4 basis points from 6.35% for purchase and unchanged from 6.38% for refinance this time last week.
Rates on a 15-year mortgage stand at an average 6.13% for purchase and 6.17% for refinance — no change from 6.13% for purchase and down 3 basis points from 6.14% for refinance this time last week.
Mortgage and refinance rates for Jan. 22, 2025: Average rates for 30-year terms inch lower, while 15-year terms move higher. Kelly Suzan Waggoner. Updated January 22, 2025 at 6:32 AM.
Mortgage rates appear to be dropping on popular 30-year terms as of Wednesday, March 13, 2024. The current average rate for a 30-year mortgage is 6.90% for purchase and 6.84% for refinance, down ...
Mortgage and refinance rates for Dec. 12, 2024: Rates retreat despite stubborn inflation, with 30-year fixed terms at 6.73%. Yahia Barakah. December 12, 2024 at 4:58 AM.
Applications to refinance home loans increased 19% last week from the previous week—or 27% year over year—after mortgage rates dropped from a high of 8% in mid-October to less than 7%, the ...