Mortgage rates today
Definition
The prevailing interest rates charged by lenders on home loans or mortgages as of the current day, often fluctuating based on economic indicators like inflation and Federal Reserve policies.
A timely snapshot of borrowing costs for real estate financing, typically quoted as annual percentage rates (APRs) and eagerly googled by aspiring homeowners every Monday morning.
Examples
I woke up at 3 AM to check mortgage rates today, only to realize my coffee addiction costs more than my dream house payments.
Mortgage rates today are so low, my goldfish could qualify for a loan—if fish had credit scores.
With mortgage rates today resembling a fire sale, Dave finally traded his van-life fantasy for a picket fence reality.
Mortgage rates today dropped again, proving the housing market is just economists playing hot potato with our savings.