Mortgage Rates on the Rise: What You Need to Know

Mortgage rates on the rise: Zillow reports a 0.13% increase in the average thirty-year fixed mortgage rate, now at 6.10%. Fifteen-year fixed rates also climbed by 0.14%, reaching 5.55%. These changes may impact homebuyers borrowing costs and monthly payments. Refinance rates also saw adjustments, with the thirty-year fixed refinance rate at 6.15% and the fifteen-year fixed refinance rate at 5.63%. Stay informed about these shifts as you navigate the housing market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.