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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 loan applications slowed over the holidays, but still eclipsed 2019 levels. However, there are signs ...

Consumer confidence in the housing market declined in December as the number of COVID-19 cases increased.

Wednesday's 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. Money’s daily mortgage rates factor in rate quote data from over 8,000 lenders from across the Unite...

Thursday's Best Mortgage Rates: Dec. 31 Money.com 12/31/2020 © Money Mortgage-Rate-Nov-26-illo Pending home sales were down for the third straight month in November as high home prices and a lack of inventory created a backlog of buyers. Despite the decline, pending sales reached record level for November, typically a slow month for real estate markets. Meanwhile, mortgage rates continued sliding. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate purchase mortgage was 3.052% on Wednesday. On Tuesday, the average rate was 3.065%. Money’s mortgage rates include t...

Monday's Best Mortgage Rates: Dec. 28 Money.com 12/28/2020 © Money; Getty Images Mortgage-Rate-Dec-23-illo Existing home sales decreased in November, breaking a trend of 5 consecutive months of gains. However, sales remain well above 2019 levels. Home prices are still climbing while inventory reached a new low last month. The sale of new single-family homes was also down. Meanwhile, mortgage rates were down by 0.62 percentage points. Today’s Mortgage Rates The average rate for a 30-year fixed-rate purchase mortgage was 3.049% on Thursday, the most recent data available. On Wednesday, t...