What Are Current Mortgage Rates? Mortgage rates crept higher across the board this week, with the average 30-year fixed rate increasing, slightly to 6.81%, according to the Mortgage Bankers Association. Mortgage interest rates are forecasted to decline somewhat throughout 2024, as the Federal Reserve projects rate cuts will begin sometime this year. Here are the…
What Are Current Mortgage Rates? Mortgage rates crept higher across the board this week, with the average 30-year fixed rate increasing, slightly to 6.81%, according to the Mortgage Bankers Association. Mortgage interest rates are forecasted to decline somewhat throughout 2024, as the Federal Reserve projects rate cuts will begin sometime this year. Here are the…
What Are Current Mortgage Rates? Mortgage rates continue to moderate at the start of 2024, according to the Mortgage Bankers Association. The average 30-year fixed rate is 6.76% – a full percentage point lower than just two months ago. Adjustable mortgage rates dipped under 6% for the first time since June 2023. Mortgage…
Can You Get a No-Down-Payment Mortgage? You can get a no-down-payment mortgage, although you’re more likely to find a low-down-payment mortgage. Many mortgages require a down payment, even a minimal 3%. Although 20% down is the rule of thumb, many homebuyers put down less than that. While it’s true that the best terms are generally…
