At OpenAI’s DevDay conference in early October, cofounder and CEO Sam Altman announced the addition of “apps” to ChatGPT—self-contained software programs that the large language model platform can invoke and use. One of the first such apps announced at the conference was Zillow, the industry-leading online real estate marketplace. To connect with Zillow on ChatGPT’s…
The current 30-year fixed mortgage rate has fallen by two basis points to 6.18%. According to Zillow data, this marks its lowest point since early October 2024. The government shutdown is contributing to lower mortgage rates, but processing times for FHA and VA loans are taking longer. So, if you qualify for favorable terms on…
Mortgage interest rates are a bit unsteady today. According to Zillow, the average 30-year fixed mortgage rate dropped seven basis points to 6.5%. Meanwhile, the 15-year rate saw a slight increase, up three basis points to 5.47%. This instability can likely be attributed to inflation. Yesterday, the Bureau of Labor Statistics released the July Consumer…
Today’s mortgage rates have moved in opposite directions. According to Zillow, the 30-year fixed mortgage rate is down by six basis points to 6.44% while the 15-year fixed rate moved up three basis points to 5.73%. After the release of the July Jobs report, which showed weak employment data, the CME FedWatch tool now reports…
Mortgage rates are down today. According to Zillow, the 30-year fixed mortgage rate has decreased by 14 basis points to 6.46%, while the 15-year rate has dropped eight basis points to 5.68%. With the Federal Reserve leaving the federal funds rate unchanged at last week’s meeting, mortgage rates probably won’t fall more drastically this summer….