Reported 6 months ago
The average 30-year fixed mortgage rate is 6.94% this week, and the 15-year fixed rate is 6.24%, both down from last week, marking three weeks of decreases. With more homes for sale and rates on the decline, it could be an opportune moment for potential buyers to start house hunting before the spring home-buying season ends. 30-year rates are now at 6.94% while 15-year rates are at 6.24%, offering insights into fixed-rate vs. adjustable-rate mortgages and future rate predictions based on the Federal Reserve's decisions.
Source: YAHOO