Check out the mortgage purchase rates for August 18, 2023, which are unchanged from yesterday.
Rates last updated on August 18, 2023. These rates are based on the assumptions shownWhat this means:
The historic drop in interest rates means homeowners who have mortgages from 2019 and older could potentially realize significant interest savings by refinancing with one of today’s lower interest rates. When considering a mortgage or refinance, it’s important to take into account closing costs such as appraisal, application, origination and attorney’s fees. These factors, in addition to the interest rate and loan amount, all contribute to the cost of a mortgage.
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