Here Are Today’s Mortgage Refinance Rates
Digest more
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77%; Applications for a mortgage to
Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.
Mortgage application volume tumbled last week as rising interest rates — nudged higher by fresh tariff concerns — put the brakes on both refinance and purchase activity, according to the Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey.
After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could cost you on your monthly payment.
A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
Borrowers with a 30-year fixed-rate jumbo mortgage refinance with today’s interest rate will pay $688 per month in principal and interest per $100,000 borrowed. 15-Year Jumbo Refi Rates Drop 0.28%
Mortgage refinance rates are expected to inch down over the coming months, but are unlikely to drop below 6.5% without multiple interest rate cuts and weaker economic data.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,