The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 23, which is unchanged from Friday.
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 4.990% for a 15-year fixed-rate mortgage.
You can deduct mortgage interest on a second home, providing it constitutes a qualified home per IRS guidelines.
Consumers holding off on big financial moves until interest rates fall may be waiting for some time to come, experts say. ...