Mortgage & Refinance Interest Rates Today: A Rollercoaster Ride Continues The mortgage market has been a wild ride lately, with rates fluctuating wildly in response to economic changes.
As of July 7, the average 30 year fixed rate had dipped to 6. 36%, a welcome relief for homebuyers and refinancers. However, experts caution that these gains may be short lived.
Mortgage rates have been on a rollercoaster ride over the past few years, plummeting in 2020 after the COVID 19 pandemic before rebounding in subsequent years.