Mortgage Rates Today, Oct. 22
Mortgage Rates Today, Oct. 22: Median Rate Rises to 6.75%
As of Oct. 22, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.75%, which is 0.12 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is 0.13 percentage points higher than yesterday.
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 21, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is 0.13 percentage points lower than Friday.
Today's Mortgage Rates, October 22, 2024 | Why the Strong Labor Market is Keeping Rates High
These are today's mortgage and refinance rates. Mortgage rates are elevated this month in response to stronger-than-expected labor market data.
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August.
Mortgage Rates May Be Falling, but You'll Regret Refinancing Now
Mortgage rates have already fallen, but this is only the beginning. Here's why you should hold off on refinancing.
Today's Mortgage Rates, October 21, 2024 | Rates Are Still Down From Last Year
These are today's mortgage and refinance rates. Mortgage rates are up this month, but they're still down over a full percentage point from last year.
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How to use a mortgage rate lock to secure a low interest rate
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Is a fixed-rate HELOC worth it now? Here's what some experts think.
Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.