Over the last few months, the fixed mortgage rates have been rising steadily yet all mortgage rates are at all-time lows today. The Federal Reserve had announced that it will taper its purchasing of assets and mortgage-backed securities. The ratesContinue Reading
The 30-year fixed-mortgage rate average dropped by 1 basis point compared to last week today the rate is 3.02%. The average rate for a 15-year fixed term decreased to 2 basis points from the same time a week ago todayContinue Reading
Today August 26, 2021, according to Bankrate’s latest survey. The economy, treasury bond rates, and demand are the factors driving mortgage rates which change all the time. The average interest rate for a home purchase for the term of 30Continue Reading
Today some of the important mortgage rates dropped. The 15-year fixed and 30-year fixed mortgage rates both drifted down. The 5/1 adjustable-rate mortgages also moved down. Mortgage interest rates are never permanent, but interest rates are at their best soContinue Reading
