Fed Holds Rates Steady
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The rate on a 30-year fixed refinance decreased to 6.23% today, according to the Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6.11% for a 20-year financed mortgage.
Considering a home purchase or a refinance of your current property? These are the interest rates to know right now.
Mortgage rates aren't so much higher today as they are back to normal. Yesterday's abrupt and unexplained drop felt like noise in the data rather than a new tune, so it's unsurpri
The rate on a 30-year fixed refinance fell to 6.21% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.34%, and for 20-year mortgages, the average is 6.
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How the Federal Reserve affects HELOCs and home equity loans
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.