The rate on a 30-year fixed refinance decreased to 6.93% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.89%. For 20-year mortgage ...
An interest rate is essentially the cost of borrowing money from a lender. It is based on a percentage of the loan amount (or principal). A 15-year mortgage rate specifically is the annual rate of ...
One of the first things you may want to consider when choosing a mortgage loan or refinancing is your preferred loan term. Shorter terms (15-year loans) generally offer better interest rates than ...
They’re often similar to the annual percentage rates (APRs ... in a better position to qualify for a jumbo mortgage and receive a lower interest rate. If you plan to apply for a jumbo mortgage ...
Mortgage interest rates slipped lower over the past week, settling at the lowest level of 2025, but remaining elevated enough to stifle normal levels of buying and selling in the housing market.
For first-time homebuyers or borrowers with low credit scores or low income, FHA mortgages offer an affordable way to purchase a home. See the latest FHA interest rates to find out how much you ...
Mortgages remain more expensive than they were a couple of years ago, but the Bank of England's recent cuts to the base rate have resulted in rates falling. Currently, the average two-year fixed ...