Current Mortgages -- October 20, 2020: Rates Holding at Record Lows

Maurie Backman, The Motley Fool
·4 min read
Current Mortgages -- October 20, 2020: Rates Holding at Record Lows
Current Mortgages -- October 20, 2020: Rates Holding at Record Lows

Mortgage rates are holding steady at record lows, with both the 30- and 20-year loan coming in at well under 3% and the 15-year loan at well under 2.5%. The average 30-year mortgage rate today is 2.877%, down 0.007% from yesterday. Check out The Ascent's mortgage calculator to see what your monthly payment might be and how much your loan will ultimately cost.