The Flatline of Mortgage Rates: What It Means for Homebuyers and Sellers The latest numbers from the Zillow lender marketplace show mortgage rates taking a breather, at least for now.
The 30 year fixed rate has fallen by 11 basis points to 6. 54%, while the 15 year fixed rate dropped by 21 basis points to 5. 86%.
This slowdown might seem like good news for homebuyers, but it's essential to consider the bigger picture. Mortgage rates have been volatile over the past year, swinging from historic lows to modest increases.