Today’s 15- and 30-year mortgage interest rates hold steady at 5.490% and 6.375%, respectively

By: The median interest rate on a 30-year fixed-rate mortgage is 6.375% as of September 3, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.490%, which is also unchanged from Friday.Interest rate cuts are on the horizon. “The time has come for policy to adjust,” Federal Reserve…

Read More

Today’s 30-year mortgage interest rates rise to 6.375% while 15-year rates remain at 5.490%

By: The median interest rate* on a 30-year fixed-rate mortgage is 6.375% as of August 30, which is 0.250 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.490%, which is unchanged from yesterday.Interest rate cuts are on the horizon. “The time has come for policy to adjust,”…

Read More