Mortgage Rates Unstable Today
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current mortgage ratesYahoo Finance
•Mortgage and refinance rates today, December 21, 2024: Rates are unsteady
75% Informative
Mortgage rates aren't expected to plummet anytime soon, so if you're otherwise ready to buy a house, consider shopping for homes now.
Remember, you can always refinance your loan in a few years if rates fall more significantly.
Use Yahoo Finance's free mortgage calculator to see how various interest rates and term lengths will impact your monthly mortgage payment.
Now is a relatively good time to buy a house compared to the last couple of years .
Home prices aren't spiking like they were during the height of the COVID-19 pandemic.
Mortgage rates aren't expected to go down significantly before the end of 2024 .
Refinancing into a shorter term will also land you a lower rate, though your monthly mortgage payments will be higher.
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