Today's mortgage interest rates have recently gone up, with the average 30-year fixed mortgage rate climbing by 17 basis points to 6.69%, according to data from Zillow. This increase has also pushed the 15-year fixed interest rate up by 17 basis points to 6.05%, marking the first time in over three weeks that the 15-year rate has exceeded 6%.
The movement in mortgage rates is becoming more turbulent due to uncertainties surrounding tariffs, stagflation, and other economic factors. If you are in the market to purchase a home, it's essential to concentrate on finding the best mortgage lender and loan type that suits your financial situation. Comparing offerings from three or four lenders can aid you in securing the most favorable deal in an unstable rate environment.
For inquiries regarding buying, owning, or selling a property, you can submit your questions to Yahoo's group of Realtors by utilizing the provided Google form.