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.
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.”
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear if they'll drop further.
Mortgage rates have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability challenges many Americans are facing.
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do the opposite.
What To Expect For Mortgage Rates In 2025
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage rates.
2025 Mortgage Rate Forecast: What Another Trump Presidency Means for Rates
During his campaign, Trump repeatedly claimed that mortgage rates will return to lows of around 3% (rates are more than double that today), yet experts say that the president is n
30-year mortgage rates dip below 7% this week
Since its inception in 1970, Freddie Mac (OTC:FMCC) has played a pivotal role in helping millions of families to buy, rent, or maintain their homes. This week's survey results provide a glimpse into the current state of mortgage rates and their impact on the housing market.
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.
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 ...
Trump wants interest rates to ‘drop immediately’ — after mortgage and credit card hike under Biden
WASHINGTON — President Trump said Thursday that he wants interest rates to “drop immediately” — saying he plans to “demand” reductions alongside an anticipated dip in global oil prices.
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 ...
Benzinga.com1d
Compare Current Mortgage Rates
Most analysts expect mortgage rates to remain relatively flat for the rest of the year. However, another interest rate cut or economic shifts could change that equation. The current mortgage ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
CNET on MSN4d
Mortgage Predictions for Week of Jan. 13-19: Everything to Know About Rates
The average rate on a 30-year fixed mortgage has stayed above 7% for the past week, its highest level in six months. Soaring ...
Today's Mortgage Rates | Rates Down Following CPI, but Hurdles Remain
These are today's mortgage and refinance rates. Mortgage rates fell thanks to cooler inflation data. But it's uncertain where ...