Mortgages

Photo by: Education Images/Universal Images Group via Getty Images The average for a 30-year fixed-mortgage is 7.17% today, down -0.08% since one week ago. The average rate for a 15-year fixed mortgage is 6.67%, which is a decrease of -0.02% since last week. For a look at mortgage rate movement, see the chart below. Because…

Photo by: Education Images/Universal Images Group via Getty Images The average for a 30-year fixed-mortgage is 7.14% today, a decrease of -0.22% from seven days ago. The average rate for a 15-year fixed mortgage is 6.53%, which is a decrease of -0.23% compared to a week ago. For a look at mortgage rate movement, see…

Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 25, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US. Mortgage rates change every day. Experts recommend shopping around to make sure you’re getting the lowest rate. By entering your information below,…

Photo by: Education Images/Universal Images Group via Getty Images Today’s average mortgage rates Mortgage Refinance Today’s average mortgage rates on Apr. 24, 2024, compared with one week ago. We use rate data collected by Bankrate as reported by lenders across the US. Mortgage rates change every day. Experts recommend shopping around to make sure you’re…

Mortgage holders are shelling out a record $2,800 on average to cover their monthly payments.Mortgage costs have soared due to rising house prices and soaring interest rates.Mortgage rates are at a five-month high after stubborn inflation dashed hopes for rate cuts soon. Thanks for signing up! Access your favorite topics in a personalized feed while…

On Wednesday, Gallup and the Lumina Foundation released a new report on the cost of college and how high education costs impact students' decisions to stay in school and make major life choices.Based on surveys conducted from October and November 2023 with over 13,000 adults aged 18 to 59, the report found that cost is…

Many boomers are holding on to their large homes, stressing the housing market for younger buyers.For millennials with growing families, purchasing a home has become even more difficult.For Biden and Trump, the issue of housing affordability could make or break their candidacies. Thanks for signing up! Access your favorite topics in a personalized feed while…

The average US household now spends $25,513 a year on the 10 most common bills.The biggest monthly bills Americans pay each month are mortgage, rent, and auto loans.Other bills like utilities, mobile phones, and health insurance have also skyrocketed.Despite lower inflation in the last 18 months, many Americans still don't feel great about the economy,…

Today’s mortgage rates If you’re in the market for a home, here are today’s mortgage rates compared to last week’s. Loan type Interest rate A week ago Change 30-year fixed rate 6.98% 6.85% +0.14 15-year fixed rate 6.47% 6.41% +0.06 10-year fixed 6.37% 6.20% +0.17 5/1 ARM 6.61% 6.44% +0.17 30-year jumbo mortgage rate 7.08%…

This as-told-to essay is based on a conversation with Grace Lucchese, 23, a behavioral analyst, and her partner, Mickey Ricard, 24, a veteran and an HVAC technician, who purchased a home with an assumable mortgage in Westford, Massachusetts in January. An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and…