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
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What is a mortgage interest rate modification and how do you get it?
A mortgage rate modification could make sense if your mortgage payments or current rate are higher than you'd like.
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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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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.