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Stock impact report

Mortgage Interest Rates Today, June 23, 2024 | Rates Remain Under 7% [Business Insider]

Rocket Companies, Inc. Class A (RKT) 
7%, but we're still in a relatively high-rate environment. If you're looking to buy a home this year, you'll want to look at multiple mortgage lenders to find the lowest rate possible. According to the Mortgage Bankers Association's latest forecast , mortgage rates may fall to 6.5% by the end of 2024 — a very modest drop from where we are now. So while the Fed could cut interest rates before the end of the year, don't expect a huge decrease to mortgage rates before 2025, unless inflation trends down more steeply than expected over the next several months. Mortgage Rates Today Mortgage type Average rate today 30-year fixed 20-year fixed 15-year fixed 7/1 ARM 5/1 ARM 30-year FHA 30-year VA Mortgage Refinance Rates Today Mortgage type Average rate today 30-year fixed refinance 20-year fixed refinance 15-year fixed refinance 7/1 ARM refinance 5/1 ARM refinance 30-year FHA refinance 30-year VA refinance Mortgage Calculator Use our free mortgage Show less Read more
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