Marco Santarelli

MARCH 29, 2025

As of today, March 29, 2025, mortgage rates have generally decreased compared to the beginning of the year. This dip offers a potential window for securing a more favorable interest rate on your home loan or refinance. The 30-year fixed mortgage rate is currently at 6.59% , down three basis points.

Mortgages

Marco Santarelli

MARCH 13, 2025

Monthly Payment on a $150,000 Mortgage For a $150,000 mortgage at a 30-year fixed rate of 6.34% , your monthly payment would be approximately $932.59. Over the life of the loan, you would pay about $115,530 in interest. Calculate approximately $385,105 in interest over the life of the loan.

Mortgages

Marco Santarelli

DECEMBER 26, 2024

To grasp the concept of mortgage rates, it's important to note that these rates represent a fee for borrowing money, expressed as a percentage. There are mainly two types of mortgage rates: Type Description Fixed-Rate Mortgages A fixed-rate mortgage maintains the same interest rate for the entire loan duration.

Mortgages

Marco Santarelli

APRIL 1, 2025

For the benchmark 30-year fixed-rate mortgage , we're looking at an average of 6.55%. Now, four basis points might sound small, but in the world of mortgages, every little bit counts. For someone borrowing a significant amount of money, even a slight decrease can translate into real savings over the life of the loan.

Fixed-rate mortgage

Marco Santarelli

MARCH 11, 2025

Understanding these rates can help you make informed decisions in your home buying journey. Exploring the Mortgage Options While traditional fixed-rate mortgages are often the go-to choice for many buyers, there are various mortgage products available to meet different financial needs.

Fixed-rate mortgage

Marco Santarelli

DECEMBER 22, 2024

Adjustable Rates When considering the right mortgage type , borrowers frequently weigh fixed-rate mortgages against adjustable-rate mortgages (ARMs). Fixed-Rate Mortgages: These loans offer stability by locking in the interest rate for the entire duration of the mortgage (typically 15-30 years).

Mortgages

Marco Santarelli

MARCH 14, 2025

Today's Mortgage Rates March 14, 2025: Rates Dip Below 52-Week Average What Are the Current Mortgage Rates? If you're already a homeowner, you might be wondering about refinance rates. This can be attributed to various lender assessments and risk factors associated with refinancing existing loans.

Fixed-rate mortgage

Marco Santarelli

MAY 3, 2025

The news you've been waiting for is here: mortgage rates are continuing their downward trend. As of May 1, 2025, the 30-year fixed-rate mortgage has dipped to 6.76% , a welcome change compared to the earlier part of the year. Why Are Mortgage Rates Declining?

Debt-to-income ratio

Marco Santarelli

MARCH 31, 2025

Current Mortgage Rates Breakdown When you're looking to buy a home, the interest rate you lock in plays a huge role in your monthly payment and the total amount you'll pay over the life of the loan. Rates can change daily based on economic factors, so staying updated is key.

Mortgages

Marco Santarelli

APRIL 2, 2025

Let's look at the specifics for today's mortgage rates: Loan Type Rate 30-Year Fixed 6.50% 20-Year Fixed 6.18% 15-Year Fixed 5.86% 5/1 ARM 6.60% 7/1 ARM 6.38% 30-Year VA 6.06% 15-Year VA 5.62% 5/1 VA 6.07% 30-Year FHA 5.95% 5/1 FHA 5.69% As you can see, the benchmark 30-year fixed-rate mortgage is averaging 6.50% nationally.

Mortgages

Marco Santarelli

NOVEMBER 1, 2024

Today’s mortgage rates reflect a notable increase, with the average rates for different loan types rising compared to last week. This shift means that anyone looking to borrow money for a home will find themselves dealing with a more expensive mortgage. 30-Year Fixed Rate: 6.90%, up from 6.80%.

Mortgages

HomeLight

JULY 29, 2025

In this post, you can compare your monthly home loan or rent payment with the average mortgage payment in the U.S. You can also use our Average Mortgage Payment Calculator to see what you can expect before your next move. It protects the lender (not you) if you stop making payments.

Mortgages

Marco Santarelli

APRIL 7, 2025

Today's Mortgage Rates April 7, 2025: Rates Plunge Driven by Economic Turmoil Key Takeaways Mortgage Rates Decline : Average 30-year fixed rates are now at 6.39%. Refinance Rates also Drop : Average refinance rates for 30-year loans are at 6.43%.

Mortgages

Marco Santarelli

JUNE 2, 2025

Current Mortgage Rate Overview For individuals looking to purchase a home, understanding the different types of mortgage interest rates available is essential. The most common types are fixed-rate mortgages and adjustable-rate mortgages (ARMs).

Mortgages

Marco Santarelli

MARCH 17, 2025

Here's a snapshot of the average mortgage rates you can expect today: Loan Type Interest Rate 30-Year Fixed 6.59% 20-Year Fixed 6.45% 15-Year Fixed 5.93% 5/1 ARM 6.85% 7/1 ARM 7.13% 30-Year VA 6.15% 15-Year VA 5.59% 5/1 VA 6.15% Source: Zillow It's worth noting that these are national averages.

Mortgages

Marco Santarelli

APRIL 17, 2025

Variable-rate loans , like ARMs, remain near 7%, offering alternatives to fixed-rate loans. Economic forecasts suggest mortgage rates might stabilize around 6% by 2026, but volatility remains. 20-year fixed 6.58% Slightly shorter term with a slightly lower rate.

Mortgages

Norada Real Estate

APRIL 19, 2025

Influence of Federal Reserve: Powell's remarks about interest rates and tariffs hint at ongoing economic changes. Understanding Today's Mortgage Rates Mortgage rates are significant because they determine how much interest homeowners will pay over the life of their loan.

Mortgages

Marco Santarelli

APRIL 19, 2025

Influence of Federal Reserve: Powell's remarks about interest rates and tariffs hint at ongoing economic changes. Understanding Today's Mortgage Rates Mortgage rates are significant because they determine how much interest homeowners will pay over the life of their loan.

Mortgages

Marco Santarelli

FEBRUARY 26, 2025

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. Looking at a $300,000 Mortgage Now, let's consider a $300,000 mortgage.

Mortgages

Marco Santarelli

APRIL 22, 2025

Fixed-Rate Mortgages : These mortgages offer the security of locked-in interest rates from the outset. For example, if you opt for a 30-year fixed-rate mortgage with a rate of 6.81% , your payments will stay the same throughout the loan term.

Mortgages

Marco Santarelli

JANUARY 21, 2025

Today's mortgage rates on January 21, 2025, have witnessed a modest increase across various loan types, providing crucial insights for potential buyers and current homeowners. Specifically, the average rates for 30-year fixed, 15-year fixed, and adjustable-rate mortgages have risen.

Mortgages

Marco Santarelli

MARCH 27, 2025

Refinance Rates: Generally similar to purchase rates, with the 30-year fixed refinance at 6.61% and the 15-year fixed refinance at 6.00%. VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%. housing market.

Mortgages

Marco Santarelli

APRIL 12, 2025

Adjustable Rates When considering mortgage options, many face the choice between fixed-rate and adjustable-rate mortgages (ARMs). Fixed-Rate Mortgages Pros: Consistency: Monthly payments remain stable throughout the life of the loan, which allows for easier budgeting.

Mortgages

Marco Santarelli

JUNE 30, 2025

Mortgage Rates Today June 30, 2025: 30-Year Fixed Rate Rises on Monday Key Takeaways 30-Year Fixed Mortgage Rate: The average 30-year fixed mortgage rate is 6.79%. Refinance Rates Increased: The national average for a 30-year fixed refinance rate is 7.04%.

Fixed-rate mortgage

Marco Santarelli

DECEMBER 11, 2024

Below, we explore two of the most common mortgage types: 30-year fixed mortgages and 15-year fixed mortgages , along with adjustable-rate mortgages (ARMs).

Mortgages

Marco Santarelli

APRIL 27, 2025

According to data from Zillow, the average 15-year fixed rate is at 6.00% , signifying a drop of 11 basis points. This decline could encourage many to ponder purchasing a new home or refinancing their existing loans. The rates not only affect monthly payments but also the overall cost of a loan over its lifetime.

Mortgages

Marco Santarelli

MARCH 20, 2025

30-Year Fixed: This remains a popular choice for many homebuyers due to its lower monthly payments , making homeownership more accessible. 30-Year Fixed: This remains a popular choice for many homebuyers due to its lower monthly payments , making homeownership more accessible. Refinance Rates: What's on Offer Today?

Mortgages

Marco Santarelli

JULY 27, 2025

The 30-year fixed mortgage rate, which is the most common type of mortgage loan for home purchases, remains unchanged at 6.88%. This stability provides a predictable borrowing environment for buyers locking in long-term loans. 20-Year Fixed 6.41 -0.31 15-Year Fixed 5.93 +0.01 7.36 +0.02

Mortgages

Redfin

JULY 30, 2025

Most homebuyers will need to think ahead about the following costs when estimating how much money is needed to purchase a home: Down payment: The down payment is a percentage of the home’s purchase price, anywhere from 0% to 20% depending on your loan. Several loan options, such as FHA or VA loans, only require a down payment of 3.5%

Pre-approval

Marco Santarelli

JULY 8, 2025

Credit Score Averages: States with higher average credit scores may see slightly lower rates overall. Average Loan Size: This is a big one. States with higher home prices often have larger average loan sizes. Lenders may adjust their rates based on the size of the loans they’re processing. Property Taxes : $256.67

Mortgages

Marco Santarelli

MAY 20, 2025

States With Lowest Mortgage Rates Today May, 20 2025 Understanding Today's Mortgage Rate Scene It's May 20th, 2025, and the mortgage market is still a bit of a rollercoaster. National averages for 30-year fixed-rate mortgages are sitting around 7.07% , which is a slight increase from recent weeks.

Mortgages

Marco Santarelli

MARCH 30, 2025

Similarly, the 15-year fixed rate has seen a small decrease, settling at 5.91%, down by four basis points. While this offers a bit of relief, experts predict that significant drops in home loan rates are unlikely in the immediate future.

Mortgages

Marco Santarelli

MARCH 18, 2025

Economic Uncertainty: Continues to contribute to rate volatility. Keep in mind that these rates are national averages, and what you actually qualify for can depend on factors like your credit score, down payment, and overall financial situation. The main difference is the loan term: 30 years versus 15 years.

Mortgages

Marco Santarelli

MARCH 8, 2025

If you've got your sights set on a $500,000 home, you're likely asking the big question: How much would a $500,000 mortgage cost per month in March 2025? Well, based on the latest data from early March 2025, you could be looking at a principal and interest payment of around $3,200 to $3,300 for a 30-year fixed-rate mortgage.

Mortgages

Marco Santarelli

APRIL 15, 2025

Lower rates can also make refinancing an attractive option, allowing you to potentially save thousands of dollars over the life of your loan. Your actual rate will vary depending on your credit score, down payment, loan type, and the specific lender you choose. Refinance rates are typically higher than purchase rates.

Mortgages

Norada Real Estate

JUNE 12, 2025

Adjustable-Rate Mortgages When choosing a mortgage, borrowers must decide between fixed-rate and adjustable-rate options. Here's a brief overview of both types: Fixed-Rate Mortgages : These loans lock in a fixed interest rate for the entire term of the loan.

Mortgages

Norada Real Estate

JUNE 24, 2025

Impact on Affordability : Lower rates can contribute to a decrease in monthly payments for new loans. Current Mortgage Rates Overview According to data from Zillow, today’s mortgage rates have shown marginal fluctuations. Below are mortgage payment estimates for various loan amounts under current rates.

Mortgages