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The current average rate for a 30-year fixed mortgage is 6.75% for purchase and 6.76% for refinance — down 11 basis points from 6.86% for purchase and and 12 basis points from 6.88% for ...
While the Fed doesn't set mortgage rates, Fed rate cuts typically influence lower borrowing rates over time on large loans like mortgages. ... The current average rate for a 30-year fixed mortgage ...
It's a big week for interest rates, with the Federal Reserve's two-day ... The current average rate for a 30-year fixed mortgage is 6.86% for purchase and 6.88% for refinance — up 1 basis point ...
Weekly data from Freddie Mac shows flat movement on average mortgage rates as of Friday, September 6, 2024, with daily fluctuations holding 30-year fixed terms under 6.40% to end the week.
Federal funds rate
The current average interest rate for a 30-year fixed mortgage is 6.44% for purchase and 6.44% for refinance — down 2 basis points from 6.46% for purchase and no change from 6.44% for refinance ...
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