Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms decrease to 6.13%.
Mortgage Rates Today, Nov. 15: Median Rate Falls to 6.88%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage
Mortgage rates were predicted to fall in 2025. Does a Trump win change that?
Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see them tick up further.
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them back there (minus a catastrophic economic downturn). Homebuyers and homeowners looking to refinance, then, shouldn't wait for a perfect circumstance that's unlikely to materialize.
Weekly Mortgage Rates Dip as Inflation Heats Up
Mortgage rates fell slightly in the week ending Nov. 14, marking the first time weekly rates have gone down since September. The average rate on a 30-year fixed-rate mortgage dropped seven basis points to 6.79%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point.
Trump's economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.
U.S. mortgage rates rose again in week after Trump’s victory
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Current Adjustable-Rate Mortgage (ARM) Rates
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