The Federal Reserve voted to hold the overnight borrowing rate steady Wednesday, which analysts had widely expected. Mortgage rates increased in the lead up to today’s Fed meeting, as markets prepared ...
The rate on a 30-year fixed refinance climbed to 6.42% today, according to the Mortgage Research Center. Rates averaged 5.43% for a 15-year financed mortgage and 6.14% for a 20-year financed mortgage.
If you're planning on getting a mortgage to buy a home, keeping an eye on rates is a smart move. Rates can shift daily—sometimes even hourly—and what seems like an insignificant change can ultimately ...