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Mortgage Rates Today, Oct. 18
Today's Mortgage Rates, October 21, 2024 | Rates Are Still Down From Last Year
These are today's mortgage and refinance rates. Mortgage rates are up this month, but they're still down over a full percentage point from last year.
30-Year Mortgage Rates Inch Lower
Rates on 30-year mortgages have wavered in a narrow range for more than a week, well above last month's sub-6% low. Rates for most loan types dipped Tuesday.
Mortgage Rates Today, Oct. 16: Median Rate Falls to 6.5%
As of Oct. 16, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.50%, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is 0.13 percentage points lower than yesterday.
Here's why mortgage rates are going up
What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but mortgage rates have risen for th
21h
on MSN
The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are ...
1d
The Federal Reserve’s effect on mortgage rates: What to know
While the Fed doesn’t regulate your mortgage rate, the central bank sets the funds rate to impact the economy. This action ...
2d
Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for ...
2d
on MSN
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That ...
2d
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, ...
12d
on MSN
Will Mortgage Rates Come Down Even Further After the Next Fed Meeting?
Mortgage rates are expected to gradually decline over the next year or so, but the immediate impact of rate cuts is ...
4d
Rent or buy? How the Fed's mortgage rate changes can help you decide
Deciding to rent or buy is no easy task. There are pros and cons to both. But with interest rates at all-time lows thanks to ...
4d
Mortgage Refinance Rates Dip for Most Loan Types
Refi rates for 30-year mortgages have been bobbing around in a higher range than the 19-month low they hit last month. Rates ...
4d
What level of impact do interest rate cuts have on mortgage rates?
After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.
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