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The current average rate for a 30-year fixed mortgage is 6.20% for purchase and 6.22% for refinance — no change from 6.20% for purchase and up 4 basis points from 6.18% for refinance last Thursday.
Average mortgage rates are trending higher week over week as of Wednesday, October 16, 2024, though at a slower single-digit pace, with the 30-year fixed benchmark now at 6.55%.
The current average interest rate for a 30-year fixed mortgage is 6.23% for purchase and 6.15% for refinance, down 11 basis points from 6.34% for purchase and 19 basis points from 6.34% for ...
The current average interest rate for a 30-year fixed mortgage is 6.46% for purchase and 6.48% for refinance — up 26 basis points from 6.20% for purchase and 26 basis points from 6.22% for ...
The fixed-rate mortgage was the first mortgage loan that was fully amortized (fully paid at the end of the loan) precluding successive loans, and had fixed interest rates and payments. Fixed-rate mortgages are the most classic form of loan for home and product purchasing in the United States. The most common terms are 15-year and 30-year ...
The current average rate for a 30-year fixed mortgage is 6.27% for purchase and 6.30% for refinance — down 16 basis points from 6.43% for purchase and 14 basis points from 6.44% for refinance ...
The current average rate for a 30-year fixed mortgage is 6.16% for purchase and 6.12% for refinance, down 16 basis points from 6.32% for purchase and 23 basis points from 6.35% for refinance last ...
The current average rate for a 30-year fixed mortgage is 7.30% for purchase and 7.29% for refinance — both up 4 basis points from 7.26% for purchase and 7.29% for refinance this time last week.