6 days ago · Mortgage Credit Certificate (MCC): How It Can Help Make Your Mortgage Payments More Affordable. A Mortgage Credit Certificate (MCC) is a federal tax credit program that allows eligible first-time homebuyers to claim a portion of their annual mortgage interest as a dollar-for-dollar reduction on their federal taxes.

1 day ago · The average 30-year fixed rate mortgage was 6.87% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood at 5.93%, the same as one the day before.The 30-year FHA mortgage averaged 6.13% yesterday, having stayed the same. Meanwhile, the 30-year jumbo mortgage rate was 7.11%, reflecting no change.

Jan 27, 2025 · In this example, John and Sarah save $1,700 on their federal taxes in the first year by utilizing a Mortgage Credit Certificate. This annual credit could also be added to their annual income for the purpose of qualifying for a mortgage by amending their W-4 tax withholding forms, which may boost their chances of loan approval.

Jan 31, 2025 · The average 30-year fixed rate mortgage is 6.85% today, a decrease of 0.01% since yesterday. The 15-year fixed mortgage rate stands at 5.89%, up by 0.01%.The 30-year FHA mortgage now averages 6.14%, having risen by 0.01.Meanwhile, the 30-year jumbo mortgage rate is 7.19%, reflecting no change.

Jan 10, 2025 · The average 30-year fixed rate mortgage is 7.1% today, an increase of 0.06% since yesterday. The 15-year fixed mortgage rate stands at 6.15%, up by 0.06%.The 30-year FHA mortgage now averages 6.39%, having risen by 0.03.Meanwhile, the 30-year jumbo mortgage rate is 7.36%, reflecting an increase of 0.08%.

Jan 14, 2025 · The average 30-year fixed rate mortgage is 7.18% today, an increase of 0.02% since yesterday. The 15-year fixed mortgage rate stands at 6.28%, up by 0.04%.The 30-year FHA mortgage now averages 6.53%, having risen by 0.09.Meanwhile, the 30-year jumbo mortgage rate is 7.41%, reflecting an increase of 0.02%.

Jan 15, 2025 · The average 30-year fixed rate mortgage is 7.11% today, a decrease of 0.06% since yesterday. The 15-year fixed mortgage rate stands at 6.23%, down by 0.05%.The 30-year FHA mortgage now averages 6.5%, having dropped by 0.03.Meanwhile, the 30-year jumbo mortgage rate is 7.4%, reflecting a decrease of 0.01%.

Jan 23, 2025 · The average 30-year fixed rate mortgage is 7.01% today, an increase of 0.04% since yesterday. The 15-year fixed mortgage rate stands at 6.08%, up by 0.08%.The 30-year FHA mortgage now averages 6.35%, having risen by 0.12.Meanwhile, the 30-year jumbo mortgage rate is 7.28%, reflecting an increase of 0.08%.

Jan 17, 2025 · The average 30-year fixed rate mortgage is 6.97% today, a decrease of 0.08% since yesterday. The 15-year fixed mortgage rate stands at 5.97%, down by 0.07%.The 30-year FHA mortgage now averages 6.23%, having dropped by 0.13.Meanwhile, the 30-year jumbo mortgage rate is 7.21%, reflecting a decrease of 0.07%.

Nov 19, 2024 · The average 30-year fixed rate mortgage is 6.9% today, a decrease of 0.08% since yesterday. The 15-year fixed mortgage rate stands at 5.96%, down by 0.11%.The 30-year FHA mortgage now averages 6.25%, having risen by 0.01.Meanwhile, the 30-year jumbo mortgage rate is 7.36%, reflecting a decrease of 0.03%.