Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 20, which is 0.11 percentage points lower than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.12 percentage points lower than yesterday. The Federal Reserve has reduced its benchmark rate twice this year, but…

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Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.25%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 18, which is 0.11 percentage points higher than Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is 0.12 percentage points higher than Friday. The Federal Reserve has reduced its benchmark rate twice this year, but…

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