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Average mortgage rates tick higher as of Thursday, January 9, 2024, with the 30-year fixed benchmark continuing to hover above 7.00%. Despite three back-to-back interest cuts from the Federal ...
Average mortgage rates for 30-year terms trend moderately higher week over week as of Wednesday, November 27, 2024, while 15-year terms are relatively steady ahead of the Thanksgiving holiday.
Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate.
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.
Current average mortgage interest rates in the U.S. in September 2024. Type of Mortgage. Current Rate. Rate Reported a Week Prior. ... Chart of 30-year fixed-rate mortgage trends
The current average interest rate for a 30-year fixed mortgage is 7.02% for purchase and 7.05% for refinance — up 2 basis points from 7.00% for purchase and no change from 7.05% for refinance ...
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