Mortgage Rate Madness: A Tale of Two Markets The latest numbers from Zillow's lender marketplace paint a mixed picture of mortgage rates, with some borrowers benefiting from lower rates and others facing steeper costs.
The average 30 year fixed rate stands at 6. 42%, down 2 basis points since yesterday, while the 15 year fixed loan is currently at 5. 92%, a 10 basis point increase over the same period.
This seesaw effect may seem puzzling to those who expect mortgage rates to follow a more predictable trajectory.