What is Mortgage Rate Trends Tool
The Mortgage Rate Trends Tool is a data-driven resource designed to show fluctuations in mortgage interest rates over time. Whether you’re buying a home, refinancing, or comparing fixed vs. adjustable rates, this tool gives you a clear view of past trends, current averages, and potential rate forecasts.
This tool is especially useful for prospective homebuyers, real estate investors, and refinancing homeowners who want to time their mortgage for the most favorable rate. It typically includes daily, weekly, or monthly average rates for different mortgage types—such as 30-year fixed, 15-year fixed, and 5/1 ARMs—along with expert insights or market commentary.