Mortgage Rates Stabilize Near Recent Lows
Current mortgage rates show minimal changes, maintaining levels not seen since early spring.
- The 30-year fixed-rate mortgage averages around 6.72%, close to its lowest since March.
- Rates for 15-year fixed mortgages remain steady at approximately 5.87%.
- Jumbo mortgage rates for 30-year terms hover near 7.00%.
- Refinance rates show mixed movements, with some slight increases and decreases.
- Economic factors and Federal Reserve policies continue to influence rate stability.