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The average rate on a 30-year fixed jumbo mortgage is 6.90%. Purchase rates for Thursday, August 1, 2024. 30-year fixed rate — 6.83%. 20-year fixed rate — 6.61%. 15-year fixed rate — 6.27% ...
Average mortgage rates are stable as of Thursday, August 15, 2024, after the release of twin economic reports this week that show inflation falling under 3% for the first time since 2021, putting ...
The average rate for shorter 15-year terms is 6.14% for purchase and 6.17% for refinance, down 19 basis points from 6.33% for purchase and down 13 basis points from 6.30% for refinance this time ...
A note regarding mortgage rate data available for the 1990s: FRED data on 15-year fixed-rate mortgages starts in August 1991, so 1990 and part of 1991 are not factored into this analysis.
That’s down substantially from last week’s average of 6.73% and marks the lowest level since May 2023. This week’s drop was the biggest since late December. Mortgage rates have steadily ...
Average mortgage rates for 30-year and 15-year terms move lower as of Monday, July 15, 2024, after last week's good news for the economy by way of key inflation data that revealed a decrease in ...
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