According to the latest data from mortgage technology and data company Optimal Blue, the current average interest rate for a fixed-rate 30-year conforming mortgage in the U.S. is 6.999%. Read on to learn about the average interest rates for different types of mortgages and how current rates compare to the previous day's last reported rates. Mortgage TypeCurrent RateLast Reported Rate30 Year Conforming6.999%6.938%30 Year Jumbo7.237%7.182%30 Year FHA6.746%6.665%30 Year VA6.529%6.462%30 Year USDA6.842%6.711%15 Year Conforming6.490%6.379%30 Year Conforming6.999%6.938%30 Year Jumbo7.237%7.182%30 Year FHA6.746%6.665%30 Year VA6.529%6.462%30 Year USDA6.842%6.711%15 Year Conforming6.490%6.379% 30-year mortgage rates 30 Years of Compliance According to the latest data available at the time…
Author: Private Lending Agent
Editor's note: Portions of this article have been auto-populated using data from mortgage research firm Curinos, which collects data from more than 250 lenders. For more information on how we compile our daily mortgage data, see our methodology here. Mortgage rates are holding steady. According to Curinos data analyzed by the MarketWatch Guides team, the current 30-year fixed rate is holding steady at 7.30% APR, while the 15-year fixed rate is holding steady at 6.68% APR. New home construction is being impacted by persistently high mortgage rates. According to the U.S. Census Bureau and the Department of Housing and Urban…
Photo credit: Education Images/Universal Images Group via Getty Images For a 30-year fixed rate mortgage, the average interest rate you pay today is 7.06%, up 0.05% from a week ago. The average interest rate for a 15-year fixed mortgage is 6.53%, up 0.07% from last week. Check out the chart below to see how mortgage rates are trending. The Federal Reserve has held off on interest rate cuts due to slow improving inflation. Experts expect mortgage rates to gradually decline in the coming months, but housing market forecasts can always change depending on economic data, geopolitical events, and more. Current…
Today's average refinance rates Refinancing your mortgage Compare today's average mortgage rates for July 4, 2024 to one week ago, using interest rate data collected by Bankrate as reported by lenders across the United States. Housing market experts predict mortgage rates will fall in 2024. Compare multiple loan offers from different lenders to find the best rate for your situation. Enter your information below to receive a custom quote from CNET's partner lenders. About these rates: Like CNET, Bankrate is owned by Red Ventures. This tool features partner rates from lenders that you can use to compare multiple mortgage rates.…
Jasmine Ball didn't want to spend half her life behind the wheel of a car in Los Angeles.Ball, 32, found a program that would pay $10,000 to move to Tulsa, Oklahoma, so she packed up and moved.Ball said he may never leave Oklahoma, where the cost of living is lower and there's a better work-life balance.This essay is based on a conversation with Jasmine Ball, a 32-year-old financial planner who relocated from Los Angeles to Tulsa, Oklahoma in 2020 to get paid through the Tulsa Remote Program. The conversation has been edited for length and clarity.I had never heard of…
Downward angle icon Downward angle icon. Jasmine Bell moved from Los Angeles to Tulsa, Oklahoma and received $10,000. Courtesy of Jasmine Ball Jasmine Ball didn't want to spend half her life behind the wheel of a car in Los Angeles. When Ball, 32, found a program that would pay her $10,000 to move to Tulsa, Oklahoma, she packed up and moved. Ball said she may never leave Oklahoma, where the cost of living is lower and she has a better work-life balance. This essay is based on a conversation with Jasmine Ball, a 32-year-old financial planner who relocated from Los…
It's too early to tell if the Federal Reserve's decision to raise interest rates has benefited the American economy. However, the impact that higher interest rates have on mortgage payments is clear. According to Zillow, the average mortgage payment in the U.S. has increased by 96% over the past four years. This significant increase will undoubtedly put a significant financial strain on many homeowners.do not miss it:Zillow also points out another worrying trend: Homebuyers in major U.S. metropolitan areas now need an average down payment of $127,000 to purchase a home and comfortably manage the mortgage. It's important to note…
Aberdeen recorded its highest level of commercial property investment since 2018 in the six months from January to June, according to the latest data from Knight Frank.Analysis of RCA data by the independent commercial property consultancy found that £181 million was invested in Granite City commercial property in the first half of 2024. This is more than double the £78 million recorded in the same period in 2023 and well above the average of £99 million over the past five years.Subscribe to our daily newsletterWhy? Subscribe for free, no paywalls, your daily business news digest.Lone Star Property Fund's £111m acquisition…
Britain's mortgage pricing war is intensifying after two of the country's largest lenders cut interest rates further.Santander and Halifax Bank are the latest major banks to announce cuts to mortgage rates across their product lines.Halifax confirmed yesterday that interest rates on many of its mortgage products have been reduced by 0.19 per cent.Similarly, Santander said it would implement rate cuts across its fixed-rate mortgage lines from today.Other major banks including HSBC, Barclays and NatWest have made similar product changes in recent weeks.Currently, Halifax is offering the lowest two-year fixed-rate mortgages to individuals buying property with a 40 per cent down…
Hobbies and tastes change over time, right? Whenever I went to McDonald's as a kid, I always ordered a plain hamburger. But because traditional McDonald's burgers automatically come with ketchup and mustard, my parents were always forced to “order special” and I had to wait at the side of the counter for the burger in its blue and white packaging with a yellow sticker to come down the chute and be handed to me. Ah, times have changed. Now everything is special order! We have people order vegan, gluten free, non-GMO, veggie free, meat free, air free, invisible, you name…