The median interest rate on a 30-year fixed-rate mortgage is 6.00% as of September 30, which is 0.13 percentage points lower than Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.25%, which is unchanged from Friday.

Mortgage interest rates could still fall in October, even without a Fed meeting. Here's what could cause that drop.

The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates headed?

Mortgage rates have generally been moving higher since the Fed cut rates 2 weeks ago.  We've discussed and explained that paradox exhaustively and can now move back to tracking the normal array of cause and effect in the rate market.

The current median interest rate is 6.000% for a 30-year fixed-rate mortgage and 5.250% for a 15-year fixed-rate mortgage.

Buy mortgage points: Mortgage points are fees paid upfront to reduce your mortgage rate, with each point typically costing 1% of the loan amount. While this involves a higher initial outlay, it can result in significant long-term savings if you plan to stay in your home for several years.

Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022.

The millions of American renters longing to buy a home are doing the math again after the Fed’s rate cut. It still doesn’t add up. Though average rates on a 30-year mortgage dropped to just over 6% this week,

Mortgage interest rates plunged to a two-year low in September. But how much further will they fall this October?

Are you tempted to sign a mortgage given where rates are at today? Read on to see why waiting could benefit you even more.