The current median interest rate is 6.13% for a 30-year fixed-rate mortgage and 5.38% for a 15-year fixed-rate mortgage Senior editor, Buy Side from WSJ Reina Marszalek is a senior editor ...

For a 15-year fixed refinance, the average APR is up 0.08 point week-to-week ... The main goal of most mortgage refinances is to lower your interest rate and maximize your savings.

"Looking ahead, the Fed’s wait-and-see approach is likely to keep mortgage rates at a high-6% in the near term, unless major ...

A point typically costs 1% of the loan amount and can reduce the interest rate by 0.25 percentage points. Mortgage rates have been trending lower after hitting a high of 7.08% last November.

Mortgage rates tumbled to a 15-month low this week, prompting a flurry of refinancing activity, although buying a home will likely remain tough for a while. Rates are still significantly higher ...

Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. This was considerably less than economists and financial markets had forecast at ...

In the thick of economic uncertainty and high interest rates, adjustable-rate mortgages are making a comeback ... they couldn't afford after those teaser introductory rates expired.