Mortgage interest rates today: Rates are unchanged
Today’s interest rate for a 15-year fixed-rate mortgage is 5.125%, which is unchanged from yesterday. The monthly payment for a $250,000 mortgage with a 15-year term and a fixed interest rate of 5.5% would be $2,042.71. The payment for the same loan with a 6% interest rate would be $2,109.64.
Mortgage rates continue to drop, stoking housing optimism
Autumn is traditionally a slower time for the housing market, when prices ease and listings tend to linger, according to Danielle Hale, chief economist for Realtor.com. With mortgage rates already so much lower than they were a few months ago, some house hunters may decide that now is a good time to find a deal before the market gets more crowded.
U.S. Mortgage Rates Fall Further, Stoking Housing Optimism
Autumn is traditionally a slower time for the housing market, when prices ease and listings tend to linger, according to Danielle Hale, chief economist for Realtor.com. With mortgage rates already so much lower than they were a few months ago, some house hunters may decide that now is a good time to find a deal before the market gets more crowded.
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 19, which is unchanged from yesterday.
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.
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21hon MSN
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It can make a lot of sense to lock in a mortgage rate now that rates are sitting at a two-year low. /iStockphoto . For the ...
Sales of previously occupied U.S. homes declined in August to the slowest annual pace in nearly a year even as mortgage rates ...
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