Mortgage Interest Rates Today, March 25, 2024 | Rates Are Down This Week [Business Insider]
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Insider
Today, 30-year mortgage rates are hovering in the mid-6% range, according to Zillow data. As inflation slows and the Fed is able to lower rates, mortgage rates are expected to go down , too. But it will likely be at least a couple more months before we see rates substantially decrease. And if the latest inflation data shows that price growth isn't slowing as much as expected, rates could stay higher for longer. Mortgage rates may start to inch down ahead of the Fed's June meeting, which is when investors believe the Fed will begin cutting its benchmark rate, according to the CME FedWatch Tool Mortgage Rates Today Mortgage type Average rate today Mortgage Refinance Rates Today Mortgage type Average rate today Mortgage Calculator Use our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Mortgage Calculator Your estimated monthly payment More details Total paid Principal paid Interest paid Ways y
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