Mortgage Rates Rise Today

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Mortgage rates

Yahoo Finance

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Business

Business & Economics

Mortgage and refinance rates today, May 11, 2025: Economic data could shift mortgage rates

Summary

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81% Informative

According to Zillow data, the 30-year fixed mortgage rate has risen by one basis point to 6.72% , and the 15-year .

Mortgage rates typically go up when the U.S. economy thrives and down when the economy struggles.

Mortgage refinance rates are often higher than rates when you buy a house, although that's not always the case.

Waiting for rates to drop probably isn’t the best method to get the lowest mortgage rate right now.

Mortgage lenders typically give the lowest rates to people with higher down payments, great or excellent credit scores, and low debt-to-income ratios.

Mortgage rates aren't expected to drop drastically in the near future, though they may inch down here and there.

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