2025 Mortgage Rate Forecast: What Another Trump Presidency Means for Rates
During his campaign, Trump repeatedly claimed that mortgage rates would return to lows of around 3% (rates are more than double that today). Yet the president is not dealing with
Should I Lock My Mortgage Rate Today?
The timing of your rate lock could save or cost you thousands of dollars. If you're in a bidding war or hoping to close quickly, you probably want to lock the rate.
Mortgage rates declined this week, falling below 7%
After rising for several weeks, mortgage rates have dipped slightly this week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fix
Mortgage Rates Today: January 22, 2025 – Rates Move Down
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.97%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 6.01%. On a 30-year jumbo mortgage, the average rate is 7.
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Mortgage rates aren't likely to fall any time soon — here’s why
Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.
Mortgage rates retreat, still above 7%
Mortgage rates declined this week, with the 30-year fixed rate averaging 7.06 percent, according to Bankrate’s latest lender survey. Still, since the Federal Reserve began cutting interest rates in September,
Home sales stall as 7% mortgage rates return
Mortgage rates are back above 7%, and that’s slowing an already sluggish housing market with potential buyers choosing to wait on the sidelines to start the year. Home sales have stalled in January, down 10% in the most recent week compared to a year ago,
Today's Mortgage Rates | Rates May Not Drop Much in the Next Two Years, Fannie Mae Says
These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to ...
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
The 30-year mortgage rate is back below 7%. How does this affect your purchasing power?
Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near future.” ...
Crain's Detroit5h
Mortgage rates drop for first time in weeks, but homebuyers still face affordability challenge
Homebuyers are still facing intense affordability challenges. Borrowing costs are hovering close to the highest level in months and purchase prices are continuing to rise. House hunters are pulling ...
Forbes7d
Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they ...
Is It Ever a Good Idea to Opt for an Adjustable Rate Mortgage?
One of the main reasons homeowners choose an ARM is to benefit from lower initial interest rates during the first few years.
Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.