Federal Reserve votes to cut interest rates for a Third time
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With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.
See how low your current mortgage rate offers are here.
Explore current mortgage rates and what they mean for homebuyers.
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.
Mortgage rates stay above 6% as Fed policy is set to shift, with spreads still historically wide and homebuyer affordability slowly improving.
From design choices like what color you should paint your bathroom walls to features that can increase a seller’s home value, Amanda Pendleton, Zillow’s home trends expert, directs research on real estate,
Currently, the average interest rate on a 30-year fixed mortgage is 6.27%, compared to 6.25% a week ago, according to the Mortgage Research Center. For borrowers who want to pay off their home faster,
Heading into this week's Federal Reserve meeting, mortgage rates declined to the lowest levels of 2025. Here's what that might mean for 2026 and beyond.
President Donald Trump engaged in a similar arrangement to what he has called potentially criminal "mortgage fraud," according to a ProPublica report.