Another view: 30-year mortgage rates crawl back below 3%

 Based on data compiled by Credible, mortgage rates have fallen for two key terms and remained unchanged for two others since yesterday.

• 30-year fixed mortgage rates: 2.990%, down from 3.125%, -0.135
• 20-year fixed mortgage rates: 2.750%, unchanged
• 15-year fixed mortgage rates: 2.250%, down from 2.375%, -0.125
• 10-year fixed mortgage rates: 2.125%, unchanged

Rates last updated on Oct. 14, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

What this means: Today is the first day this week that 30-year rates have fallen below 3%. For most of October, 30-year rates have flirted with the 3% mark, possibly heralding the beginning of predicted rate increases. Locking in a mortgage rate today means homebuyers can get ahead of the coming increases. Twenty-year fixed mortgage rates, which have held steady at 2.750% for seven straight days, may present buyers with an opportunity for interest savings and a lower monthly mortgage payment.

https://www.foxbusiness.com/personal-finance/todays-mortgage-rates-october-14-2021