Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
After spiking a bit toward the end of last week, mortgage rates are back down. Currently, 30-year mortgage rates are around 9 basis points lower compared to last week's average. They could trend down further later this week depending on the commentary that comes out of the latest Federal Reserve meeting, which is set to wrap up on Wednesday.