Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms increase to 6.13%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 1, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday. Mortgage interest rates crept higher last week according to Freddie Mac, buoyed…

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The anticipation of a Trump win is sending mortgage rates soaring. Top economists say scorching inflation is very likely to go with it

By: Home prices had already soared during the pandemic, but when inflation reached a four-decade high, pushing the Fed to aggressively raise interest rates, mortgage rates indirectly followed: the housing market was paralyzed. If Harris were to win … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.

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Today’s 15- and 30-year mortgage interest rates stay unchanged at 6.13% and 6.88%, respectively

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of October 29, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is also unchanged from yesterday. Mortgage interest rates crept higher last week according to Freddie Mac, buoyed by continued job growth. While…

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