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Mortgage Rates Today: Rates Fall

By: As of Oct. 16, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.50%, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is 0.13 percentage points lower than yesterday.*Data used to calculate…

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Gov. Cooper increases NC unemployment benefits after Helene. Here’s what’s available.

Gov. Roy Cooper signed an executive order Wednesday increasing the maximum weekly unemployment payment available to North Carolinians in the aftermath of Hurricane Helene. The executive order applies … Gov. Roy Cooper signed an executive order Wednesday increasing the maximum weekly unemployment payment available to North Carolinians in the aftermath of Hurricane Helene. The executive…

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Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.88% and 6.50%, respectively

By: The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 15, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also unchanged from yesterday. Mortgage rates have risen recently, a level that economists expect will hold through the end of the…

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