mortgage rates
Mortgage Rates Tick Lower; Homebuilders Catch Up
In the week ending Thursday August 18, 2022, the average rate on a 30-year fixed-rate mortgage fell to 5.13% from 5.22% last week. A year ago this week, the average rate was 2.86%. Average 15-year rates were 4.55%, down from…
Read MoreHow Low Will Mortgage Rates Drop in 2019?
You might have seen the headlines: mortgage rates are dropping — and have been for some time. In fact, as of mid-August, they’re actually near three-year lows. That means refinancing your mortgage or buying a home might be more affordable…
Read More2018 Mortgage Rates: How They Work
If you’ve never bought a home before, or even if you have, the most mysterious piece of the mortgage loan process is understanding current mortgage interest rates. How are mortgage rates determined? Why do mortgage rates fluctuate? And why do…
Read MoreShopping for the Best Mortgage Rates
Most people wouldn’t buy a new computer without shopping around first. They’d research different models and manufacturers, try out a few options in store, and compare pricing online and in their local electronics shops—all to ensure they get the absolute…
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