Browsing: Rates

The average interest rate on a 30-year, fixed-rate mortgage ticked down to 7.32% APR, according to rates provided to NerdWallet by Zillow. This is nine basis points lower than yesterday and 11 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage…

The average interest rate on a 30-year, fixed-rate mortgage rose to 7.41% APR, according to rates provided to NerdWallet by Zillow. This is four basis points higher than Friday but one basis point lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.