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The current average interest rate for a 30-year fixed mortgage is 6.79% for purchase and 6.76% for refinance, down 1 basis point from 6.80% for purchase and 1 basis point from 6.77% for refinance ...
Rates on a 15-year mortgage stand at an average 6.30% for purchase and 6.30% for refinance — up 18 basis points from 6.12% for purchase and 16 basis points from 6.14% for refinance this time ...
This is a reasonable approximation if the compounding is daily. Also, a nominal interest rate and its corresponding APY are very nearly equal when they are small. For example (fixing some large N), a nominal interest rate of 100% would have an APY of approximately 171%, whereas 5% corresponds to 5.12%, and 1% corresponds to 1.005%.
Rates on a 15-year mortgage stand at an average 6.15% for purchase and 6.16% for refinance, up 15 basis points from 6.00% for purchase and 15 basis points from 6.01% for refinance over the past week.
See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
See today's average mortgage rates for a 30 ... Interest rate type. Mortgage rates come with two basic ... Why earn peanuts when your post-shopping savings can earn up to 5.05% APY — Dec. 24 ...
The current average interest rate for a 30-year fixed mortgage is 6.80% for purchase and 6.80% for refinance — up 7 basis points from 6.73% for purchase and 5 basis points from 6.75% for ...
We are tracking rates daily to see the impact on hopeful homebuyers, so as of today, January 18, 2024, 30-year fixed mortgage rates are down from this time last week, as are 30-year fixed ...