Average Rate on 30-Year Mortgage Drops Slightly

Mortgage rates stayed flat from last week at 6.78% as financial markets reacted to President Trump's re-election.
After climbing an eighth of a point the previous day, rates on 30-year mortgages held steady Wednesday. But 15-year and jumbo 30-year rates eased lower.
The average 30-year mortgage rate is currently 6.29%, the lowest it's been since February 2023. The federal funds rate and other benchmark interest rates are expected to fall significantly ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Wednesday, but overall, refinance rates were essentially flat. Jumbo refinance loans were among those seeing a modest decline ...