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Mortgage Rates Today, Oct. 21: Median Rate Remains 6.63%
As of Oct. 21, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, 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.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are expected to stabilize or even fall due to her proposed home-b
Why are mortgage rates rising after Fed cut interest rates last month?
The Fed announced first rate cut in a long time last month, but the mortgage rates have continued to rise. Why is this? Here's why.
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.
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.
4h
on MSN
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.
2d
on MSN
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.
2d
on MSN
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That ...
3h
on MSN
Here's how interest rates impact gold prices
Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...
5h
BoE's Greene sticks to view that rate cuts should be gradual
Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to ...
1d
on MSN
The Most Important Thing to Know About CD Interest Rates Right Now
Should you invest in CDs? CD rates currently outpace inflation, offering a safe, steady return. Here's why you should ...
5d
How to use a mortgage rate lock to secure a low interest rate
A mortgage rate lock guarantees you’ll receive the interest rate on the date you locked in the rate, even if rates change ...
13h
How to Secure the Best Business Loan Interest Rate
Getting a business loan is easy with digital platforms that offer quick approvals and competitive interest rates. By evaluating options based on loan amount, interest rates, repayment tenure, ...
1d
on MSN
When Will Dropping Interest Rates Finally Make My Life Easier?
Rate drops take time to trickle down to consumers. Keep reading to learn how long you can expect to wait for lower rates.
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