The average rate on a 30-year mortgage peaked in 1981, rising to roughly 16 percent. The average 30-year rate bottomed in 2021 at just under 3 percent. Today, a typical 30-year mortgage is similar to rates seen in the later 1990s, in the 7 percent range. We are expecting rates to trend down more aggressively later this year. Interest rates/mortgage rates are a big piece of the puzzle in terms of...
Interest/Mortgage Rates Report for February 2024 - UPDATED Although the average rates on 30-year mortgages moved up slightly, forecasters still see an eventually decline by the end of the year. The average rate on a 30-year mortgage rose to 6.77% from 6.64% last week, says Freddie Mac. Year to date, the rate averaged 6.32%. As of February 2024, US interest rates right now: The Federal Reserve...
Compare listings
ComparePlease enter your username or email address. You will receive a link to create a new password via email.