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January 25, 2021
Mondays Best Mortgage Rates: January 25 Money.com 1/25/2021 © Money; Getty Images Mortgage-Rate-018 Existing home sales increased in December as the housing market ended the year on a high note. Overall, more homes were sold in 2020 than in any year since 2006. The average interest ending last week on a downward trend, dropping 0.19 percentage points. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate mortgage was 3.088% on Friday — down from 3.107% on Thursday. M...
January 21, 2021
Thursdays Best Mortgage Rates: January 21 Money.com 1/21/2021 © Money; Getty Images Mortgage-Rate-015 Builder confidence in the housing market slipped in January amid concerns over material costs, labor shortages, and the resurgence of COVID-19. Despite the decline, builder sentiment remains positive overall. Meanwhile, mortgage rates ticked down slightly. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate mortgage was 3.132% on Wednesday — up from 3.133% a day ea...
January 19, 2021
Mortgage rates ended last week slightly lower across the board.
January 15, 2021
Fridays Best Mortgage Rates: January 15 Money.com 1/15/2021 © Money; Getty Images Mortgage-Rate-011 December new home sales were more than 40% higher than in the previous year, as homebuyers took advantage of historically low mortgage rates. Mortgage rates decreased for the second day in a row. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate mortgage was 3.137% on Thursday — down from 3.168% a day earlier. Mortgage Rate Chart Source: Money | Date: Jan. 14, 2021...
January 13, 2021
Wednesdays Best Mortgage Rates: January 13 Money.com 1/13/2021 © Money Mortgage-Rate-Nov-26-illo Two-thirds of homeowners have either already moved or would consider moving to a different city or area within the next year, a new survey finds. Many buyers expect the option of working remotely to become more widespread even after the pandemic has passed. Meanwhile, mortgage rates continued their upward trend on Tuesday. Today’s Mortgage Rates The average interest rate on a 30-year fixed-ra...
January 11, 2021
Mortgage rates ticked up at the end of last week.
January 9, 2021
Today’s Best Mortgage and Refinance Rates: January 9 & 10, 2021 | Rates Are Down Money.com 1/9/2021 © Money; Getty Images Mortgage-Rate-009 The housing market maintained its 2020 hot streak in the first week of the new year. Average mortgage rates hit a new record low for the week ending January 7, continuing the downward trend seen through much of last year. Meanwhile, new data showed home prices continued to accelerate and supply reached an all-time low in 2020’s final months. Home l...
January 8, 2021
Consumer confidence in the housing market declined in December as the number of COVID-19 cases increased.
January 6, 2021
Wednesdays Best Mortgage Rates: January 6 Money.com 1/6/2021 © Money; Getty Images Mortgage-Rate-004 Mortgage applications slowed as would be borrowers took a break during the holiday season. At the same time, the number of homeowners in mortgage forbearance held steady during the last two weeks of 2019. Meanwhile, mortgage rates are up slightly today. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate mortgage was 2.995% on Tuesday — up from 2.973% on Monday. Mon...
December 31, 2020
The prices of U.S. homes rose 3.1% in the third quarter of 2020 compared to the second quarter, according to the Federal Housing Finance Agency. Demand grew because of the