Mortgage Rates Today, Oct. 23

Mortgage Refinance Rates Climb to New 2-Month High
With a third daily increase, 30-year mortgage refi rates have risen to their highest level since mid-August—rising up from the 19-month low registered in September.
Mortgage Rates Today, Oct. 23: Median Rate Rises to 6.88%
As of Oct. 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.88%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.00%, which is 0.12 percentage points higher than yesterday.
Is a 15 or 30-year mortgage refinance better with today’s rates?
One of the main drawbacks to taking a 30-year mortgage is that you’ll pay significantly more in interest over the life of the loan. In the example above, total interest for the 30-year option will cost $70,450, while the 15-year will amount to $25,306. That's why it's also so important to compare mortgage lenders and what they can offer.
Mortgage Refinance Rates Inch Up, Approaching 2-Month High
With a slight increase Friday, 30-year mortgage refi rates are near their highest level in two months, after hitting a 19-month low in mid-September.
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.
Why you should refinance your mortgage while rates are dropping
In a fluctuating financial environment, there are times when mortgage rates hit historic lows, presenting a golden opportunity for homeowners. One of the most
Today's Mortgage Rates, October 23, 2024 | Rates Dropped in September. Why Did They Rise This Month?
These are today's mortgage and refinance rates. Mortgage rates have increased in October, but they're expected to trend down again in 2025.
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
Prediction: Here's When to Start Your Mortgage Refinance Process
It's hard to predict the exact time to refinance your home loan. Read on for some tips to help you figure out when it makes ...
Waiting to refinance your mortgage could cost you — here's why
Refinance before Dec. 1, 2020, to avoid paying a new adverse market refinance fee. Mortgage companies are going to start ...
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What are today's mortgage and mortgage refinance interest rates?
You may qualify for different rates and terms, which can make a big difference in what you pay over the lifetime of the loan. Find the best mortgage refinance rates that you can qualify for ...