Mortgage Rates Play Hide and Seek with 7%
Key Points
- Mortgage rates have stabilized, with 30-year fixes at 6.97% ...
Want to hear a joke about refinancing? Never mind, the interest rates will probably change before I finish telling it.
Rates Finally Take a Chill Pill
Remember those crazy days of 2022-2023 when mortgage rates were climbing faster than a squirrel after your bird feeder? Well, folks, times have changed. As of February 19, 2025, we're looking at a relatively peaceful 6.97% for 30-year fixed loans, while VA loans are strutting around at 6.35%. That's quite the improvement from early February's flirtation with 7%.
The Fed's Greatest Hits: Rate Cut Edition
After playing tough guy with aggre...
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