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The average 30-year fixed rate bottomed in 2021 at just under 3 percent. For much of 2024, the cost of a typical 30-year fixed mortgage had been in the high-6 and 7 percent range.
2000-2009. After a brief refinancing boom in the late 1990s, mortgage rates rebounded somewhat steeply in the 2000s, according to Value Penguin, hitting a high of 8.64% before slowly making their ...
The average rate on a 30-year mortgage rose from below 3% in September 2021 to a 23-year high of 7.8% last October. That coincided with the Fed increasing its benchmark interest rate to fight ...
Rates on a 15-year mortgage stand at an average 6.10% for purchase and 6.11% for refinance, up 21 basis points from 5.89% for purchase and 18 basis points from 5.93% for refinance this time last week.
The current average interest rate for a 30-year fixed mortgage is 6.90% for purchase and 6.87% for refinance, down 3 basis points from 6.93% for purchase and 4 basis points from 6.91% for ...
Rates on a 15-year mortgage stand at an average 5.38% for purchase and 5.40% for refinance, down 19 basis points from 5.57% for purchase and 26 basis points from 5.66% for refinance over the past ...
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