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Mortgage Interest Rates Today, Oct. 6, 2024 | Rates Up
Mortgage Interest Rates Today, October 6, 2024 | Rates Up as Big Fed Cuts Become Less Likely
These are today's mortgage and refinance rates. Mortgage rates have inched up near 6% in response to expectations of smaller Fed cuts this year.
What could impact mortgage interest rates this fall?
When investors buy more Treasury bonds, their yields typically fall. Lenders often use these Treasury rates as a benchmark for setting mortgage rates. Mortgage rates tend to follow suit when Treasury rates drop due to global events — potentially making borrowing more affordable.
How Low Might Mortgage Rates Go As The Fed Cuts Interest Rates?
Last November, the 30-year mortgage rate approached 8%. After the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
October Mortgage Outlook: No Rate Jumps or Scares
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
What could make mortgage interest rates drop this October?
Mortgage interest rates could still fall in October, even without a Fed meeting. Here's what could cause that drop.
Average rate on a 30-year mortgage in the U.S. ticks up to 6.12%, first increase in 7 weeks
The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in seven weeks.
Mortgage Interest Rates Today, October 5, 2024 | Rates Tick Up Near 6% in Response to Labor Market Strength
These are today's mortgage and refinance rates. Mortgage rates have been higher in October thanks to unexpectedly strong labor market data.
Mortgage Refinance Rates Today: October 4, 2024—Rates Fall
The rate on a 30-year fixed refinance dropped today. The current 30-year, fixed-rate mortgage refinance rate is averaging 6.83%, according to Curinos, while 15-year, fixed-rate refinance mortgages average of 5.
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Mortgage interest rates today: Rates are up
Today’s interest rate for a 15-year fixed-rate mortgage is 5.38%, which is 0.13 percentage points higher than yesterday. The ...
2d
Today’s 30-year mortgage interest rates hold at 6.13%, while 15-year rates rise to 5.38%
Thinking about taking out a mortgage loan? Current mortgage rates rise to 5.38% for 15-year terms, while 30-year terms stay ...
11d
4 mortgage interest rate myths to know now
As mortgage interest rates cool, buyers (and homeowners looking to refinance) should be aware of these four myths.
7h
What Is a Mortgage Broker?
A mortgage broker is an intermediary who helps homebuyers find the right mortgage and lender for their situation. They don’t ...
1h
Missouri among states with largest mortgage interest rate increases
Missouri was found to have one of the largest increases in mortgage interest rates between the first and second quarters of 2024.
9d
Mortgage rate locks: What they are, how they work — and why timing is everything
Mortgage rate locks are a way to add predictability to your life and prevent rates from fluctuating before you close. But ...
4d
Mortgage Forecasters Slash Their Predicted Rates for End of 2024
Now, the Federal National Mortgage Association, also known as Fannie Mae, has forecast that the 30-year fixed mortgage rate ...
3d
Mortgage rate cuts: These five major banks are slashing home loan costs
Five more mortgage lenders have today announced cuts to home loan prices. Barclays, HSBC, Halifax, Santander and NatWest are ...
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