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Today's mortgage and refinance rates: May 23, 2022 | Softening rates are a good sign for homebuyers

1 month ago   |   By Business Insider

Mortgage rates trended slightly down toward the end of last week, dipping below 5%. Rates increased rapidly in the first few months of 2022, but have slowed their ascent in recent weeks. With the current economic uncertainty, it's unclear exactly where rates will go in the near future, but the softening we've seen is a promising sign for homebuyers who are already struggling with affordability. Today's mortgage rates Today's refinance rates Mortgage calculator Use our free mortgage calculator to see how today's interest rates will affect your monthly payments: By clicking on "More...
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