October surprise: Mortgage and Refi rates fall — don’t miss these low-rate deals
MSNDurva More
October surprise: Mortgage and Refi rates fall — don’t miss these low-rate deals
Mortgage and refinance rates have dropped slightly this week, making it a better time to buy a home or refinance. The 30-year fixed rate is around 6.18% and 15-year fixed is 5.51%. Experts suggest checking different lenders, improving your credit, and using mortgage calculators to find the best deal before rates rise again.
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🔥 Rates are already being quoted in the fives. 🔥 That’s right — mid to upper 5’s for home purchases. Low 6’s for refinances. So let me ask you… what exactly are you waiting on? Mortgage demand is already exploding. Refi applications jumped 111% compared to this time last year. Purchase applications are up 20% in just one week. That’s not a prediction — that’s straight from CNBC and the Mortgage Bankers Association. Why? Because the second rates dip, buyers flood back in. And when more buyers c
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Our easy-to-use mortgage calculators can help show estimated costs and savings for buying or refinancing. Equal Housing Opportunity. Member FDIC. NMLS ID 1113848. JPMorgan Chase Bank, N.A. NMLS ID 399798. Reach out today by texting DemetriS to 227-777. *Message and data rates may apply. Not all mobile carriers supported. | Chase
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