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Mortgage Rates Today, Oct. 17
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept. 16—when the average sank to 6.01%.
Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday.
Mortgage Rates Today, Oct. 17: Median Rate Remains at 6.50%
As of Oct. 17, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.50%, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday.
Today's Mortgage Rates, October 17, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we might not see them drop substantially until next year.
ECB Cuts Interest Rates
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
The European Central Bank cut interest rates on Thursday for the third time in about four months, as inflation in the eurozone has cooled faster than expected. Policymakers who set interest rates for the 20 countries that use the euro lowered their key rate by a quarter point,
ECB Cuts Rates Again, Widening Gap With Fed
The European Central Bank lowered its key interest rate to 3.25%, making its second straight cut. The move widens the gap in benchmark borrowing costs with the Federal Reserve. Find out more:
28m
on MSN
Homebuilders See Sunnier Outlook, Lower Mortgage Rates in 2025
It's hard to afford a house these days, but the nation's homebuilders are getting more hopeful that lower mortgage rates will ...
3h
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to ...
52m
on MSN
Mortgage rates: Which New England state saw the biggest jump?
Two New England states have some of the highest average mortgage rates in the country. Hint: It's not Massachusetts.
9h
on MSN
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and loans in general, as well ...
3h
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...
1h
Youth voter registration rates are lagging compared with 2020: See map
A report from The Center for Information and Research on Civic Learning and Engagement (CIRCLE) shows increases in youth ...
9h
Auto insurance rates are soaring. Here’s what you can do about it.
The cost of insurance has increased by almost 38 percent since the beginning of 2022, more than double the overall rate of ...
1h
Vaping Rates Hit Record Lows for U.S. High School Students
Vaping rates fell from 10% of high school students in 2023 to 7.8% this year, "reaching the lowest level ever measured" by ...
2d
Mortgage Rates Continue Bobbing Around Above Last Month's 2-Year Low
Rates on 30-year mortgages have wavered in a narrow range for the past week, keeping well above last month's sub-6% low. Most ...
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