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A note regarding mortgage rate data available for the 1990s: FRED data on 15-year fixed-rate mortgages starts in August 1991, so 1990 and part of 1991 are not factored into this analysis.
Daily average mortgage rates on popular terms are rising as of Friday, December 20, 2024, with sharp moves higher for 30-year terms edging closer to 6.90% — an average 20 basis points higher ...
Mortgage and refinance rates for Dec. 19, 2024: Average 30-year, 15-year rates move higher after Fed's quarter-point cut
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.
The current base rate stands at 5.25%. [4] The base rate was set at an historical low of 0.1% in March 2020. [5] Due to these record low rates many people with an existing mortgage were able to remortgage their home from a higher rate onto a lower rate which could result in a saving on their monthly mortgage repayments. [6]
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.
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