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Monday s Best Mortgage Rates: January 25

Monday s Best Mortgage Rates: January 25 Money.com 1/25/2021 © Money; Getty Images Mortgage-Rate-018 Existing home sales increased in December as the housing market ended the year on a high note. Overall, more homes were sold in 2020 than in any year since 2006. The average interest ending last week on a downward trend, dropping 0.19 percentage points. Today’s Mortgage Rates The average interest rate on a 30-year fixed-rate mortgage was 3.088% on Friday down from 3.107% on Thursday. Mortgage Rate Chart Source: Money | Date: Jan. 22, 2021 | Rates assume a credit score of 700 Money’s daily mortgage rates show the average rate offered by over 8,000 lenders across the United States the previous day. They reflect what a typical borrower with a 700 credit score might expect to pay for a home loan right now. The rates assume a 20% down payment and include discount points.

Monday s Best Mortgage Rates: January 11

Thursday s Best Mortgage Rates: Dec 31

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 the data from over 8,000 lenders across the United States and are updated daily. These rates include discount points and represent what a borrower with a 20% down payment and a 700 credit score roughly the national average FICO score would have been offered.

Today s Best Mortgage Rates: Dec 21, 2020

Today s Best Mortgage Rates: Dec. 21, 2020 Money.com 12/21/2020 © Money; Getty Images Mortgage-Rate-Dec-21-illo All-cash offers reached the smallest share of the housing market since 2007 as record-low interest rates make taking out a mortgage more affordable for most buyers. Bidding wars are still the norm, although fewer homes are seeing multiple offers come in. Meanwhile, mortgage rates decreased again on Friday. Today’s Mortgage Rates The average rate for a 30-year fixed-rate purchase mortgage was 3.039% on Friday. On Thursday, the average rate was 3.055%. Money’s mortgage rates include the data from over 8,000 lenders across the United States and are updated daily. These rates include discount points and represent what a borrower with a 20% down payment and 700 credit scores roughly the national average FICO score would have been quoted.

Tuesday s Best Mortgage Rates: Dec 15

Tuesday s Best Mortgage Rates: Dec. 15 Money.com 12/15/2020 © Money; Getty Images Mortgage-Rate-Dec-15-illo The share of loans in forbearance declined for the first time in three weeks, but the slowing economy are causing an increase in plan entries. Meanwhile, mortgage rates ticked up from yesterday. Today’s Mortgage Rates The average rate for a 30-year fixed-rate purchase mortgage was 3.108% on Monday. On Friday, the average rate was 3.092%. Money’s mortgage rates include data from over 8,000 lenders across the United States and are updated daily. These rates include discount points and represent what a borrower with a 20% down payment and 700 credit scores roughly the national average FICO score would have been quoted.

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