Mortgage Rates Today, Oct. 17
Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday.
Today's Mortgage Rates, October 17, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we might not see them drop substantially until next year.
Mortgage Rates Today, Oct. 17: Median Rate Remains at 6.50%
As of Oct. 17, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.50%, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is also unchanged from yesterday.
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept.
Today's Mortgage Rates, October 15, 2024 | For Lower Rates, the Economy Needs to Cool Off
These are today's mortgage and refinance rates. Mortgage rates are up this month thanks to strong economic data. But they should fall in 2025.
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