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News for: Mortgage Rates
Showing 505 - 528 of 788 results
Jul 2, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Sink Amid Signs of a Weakening Labor Market: Today's Rates, July 2, 2025
The article discusses how an uptick in unemployment could prompt Fed cuts, impacting mortgage rates. It mentions that mortgage rates are currently around 7%, which is not ideal for the summer housing market. The Federal Reserve has adopted a wait-and-see approach on interest rates due to economic uncertainties like inflation, global trade wars, and policy turbulence. Homebuyers are advised to be p... more
Jul 2, 2025 4:00 AM
— Mortgage Rates
Mortgage refinance demand surges, as interest rates drop further
Mortgage rates fell to the lowest level since April, leading to a 7% increase in refinance applications compared to the previous week. The average contract interest rate for 30-year fixed-rate mortgages decreased to 6.79%. Homebuyers, however, were less motivated by the drop in rates, with mortgage applications for home purchases only increasing by 0.1%.
Jul 2, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 2, 2025: Mostly unchanged as U.S. budget bill nears finish line
Mortgage interest rates remained mostly unchanged, with the 30-year fixed rate at 6.53% and the 15-year rate at 5.69%. The 10-year Treasury rate fell slightly, leading to uncertainty over future mortgage rates. Various mortgage rates were listed, including average national rates and refinance rates. The article also discussed the pros and cons of 30-year fixed-rate mortgages, 15-year fixed-rate mo... more
Jul 1, 2025 3:00 PM
— Mortgage Rates
Will Lower Rates Help the Housing Market? Fed Chair Powell's Not So Sure.
Lawmakers and administration officials question if the Federal Reserve is to blame for high mortgage rates. Mortgage rates are currently around 6.8%, much higher than in 2020. Low inventory and a housing shortage in the US are also contributing to high housing costs.
Jul 1, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Hold Steady at 3 Month Lows
The average 30yr fixed mortgage rate is currently at a low point, with some lenders offering slightly lower rates due to improvements in the bond market. Job openings data released this morning caused a slight deterioration in the bond market. Thursday's big jobs report could lead to increased volatility in mortgage rates.
Jul 1, 2025 9:00 AM
— Mortgage Rates
Rates down: Here's why | Current mortgage and refinance rates for July 1, 2025
National mortgage rates dropped on all loan terms compared to a week ago. The recent conflict between Israel and Iran caused the 10-year Treasury yield to drop, pushing mortgage rates down. The average rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans have all decreased. Experts predict that mortgage rates will hold steady this year between 6 and 7 percent.
Jul 1, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Continue Falling Streak, for Now: Today's Mortgage Rates on July 1, 2025
The article discusses how current economic uncertainties, like inflation, global trade war threats, and policy turbulence, are impacting mortgage interest rates. Experts predict that if President Trump eases tariff measures or if the labor market worsens, the Federal Reserve may cut interest rates as early as September. Despite the potential for rates to eventually decrease, there are various risk... more
Jul 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 1, 2025: Small moves in both directions for 15- and 30-year terms
The article discusses the current mortgage interest rates, differences in rates between different mortgage types, the impact of various factors on interest rates, comparisons between fixed-rate and adjustable-rate mortgages, and expectations regarding future mortgage rate trends.
Jun 30, 2025 3:00 PM
— Mortgage Rates
FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
The article analyzes data on outstanding mortgages by interest rate, average mortgage interest rates, borrowers' credit scores, and loan-to-value ratios. It shows a surge in the percentage of loans under 3% in early 2020 due to declining mortgage rates during the pandemic. The data also reveals that a large percentage of mortgage loans were under 4% prior to the pandemic, with the percentage of lo... more
Jun 30, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Take Another Step Toward April Lows
Average 30yr fixed mortgage rates were in the mid-6s but have come down slightly in recent days. Economic data in the upcoming week, especially the jobs report, will play a significant role in determining whether rates will continue to decrease or bounce back up. The recent movement in rates was not driven by any specific news or data but rather by traders positioning their portfolios for the end ... more
Jun 30, 2025 10:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 30, 2025: Rates hold steady
The article discusses the current mortgage rates as of the end of Q2 2025, providing details on the average rates for different types of mortgages. It emphasizes that economists do not expect significant drops in mortgage rates in the coming years. The article also explains the differences between 15-year and 30-year mortgages, adjustable-rate mortgages, and how factors like credit score and down ... more
Jun 29, 2025 5:01 AM
— Mortgage Rates
The Historically Wide Spread between the 10-Year Treasury Yield and Mortgage Rates Widened Again: Some Thoughts
The article discusses the movements in Treasury yields, mortgage rates, and spreads between them. It mentions the historical context of mortgage rates and how they are influenced by Fed policy like QE and QT. It explains how the widening spreads are causing relatively higher mortgage rates.
Jun 28, 2025 5:02 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 28, 2025: Rates nosedive since last weekend
The article discusses the current mortgage rates, which have dropped since last weekend. The average 30-year fixed mortgage rate is 6.53%, while the 15-year fixed rate is 5.71%. Economists predict that rates will remain above 6% through 2026. The piece also explains the advantages and disadvantages of 30-year fixed mortgages versus 15-year fixed mortgages and adjustable-rate mortgages (ARMs). It m... more
Jun 28, 2025 3:01 AM
— Mortgage Rates
Rates decrease as home sales slightly up - Current mortgage and refinance rates, June 27, 2025
Mortgage interest rates have decreased across all loan terms compared to a week ago. The Federal Reserve opted to keep the benchmark federal funds rate unchanged due to factors like inflation and employment uncertainty. The current average rates for a 30-year fixed mortgage, 15-year fixed mortgage, 5/1 adjustable rate mortgage (ARM), and jumbo loans have all dropped. Dr. Selma Hepp predicts that t... more
Jun 27, 2025 10:02 AM
— Mortgage Rates
Mortgage Rates Not Too Far From 8 Month Lows
Friday's mortgage rates held steady, with an average rate of 6.72%, which is close to the lowest it has been since early April. Mortgage lenders tend to offer rates in 0.125% increments, so there is only a small difference from the lows in April. Recent improvement in rates is attributed to softer economic data and inflation. However, rates could increase suddenly if there is a surge in employment... more
Jun 27, 2025 2:38 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 27, 2025: Slowly easing lower again this week
Mortgage rates have decreased slightly, with the 30-year fixed rate at 6.77% and the 15-year fixed rate at 5.89%. Different types of mortgages, such as fixed-rate and adjustable-rate, are discussed along with information on mortgage refinancing options and the impact of mortgage rates on monthly payments. Mortgage rates are expected to remain relatively stable through 2025 and 2026, with slight de... more
Jun 26, 2025 2:00 PM
— Mortgage Rates
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, offering hope for homebuyers as high borrowing costs and rising prices have impacted the housing market. Sales of both existing and new homes have been sluggish, but there is optimism that sales could pick up in the future due to rising for-sale inventory. Mortgage rates are influenced by factors such as the Fede... more
Jun 26, 2025 1:00 PM
— Mortgage Rates
What happens if mortgage rates go up to 8%?
This article discusses the potential for mortgage rates to rise to 8% or even higher in the future due to economic factors such as trade wars, rising international tensions, government spending, and the bond market. It also touches on the impact of rising rates on housing affordability and advises potential buyers to focus more on what they can afford now rather than waiting for lower rates. The a... more
Jun 26, 2025 12:01 PM
— Mortgage Rates
Mortgage Rate Winning Streak Continues
Mortgage rates have been dropping since June 6th, with the 30yr fixed index moving down almost 0.25%. Today's gains further contributed to the drop of 0.07%. The market is shifting to expect a lower path for the Fed Funds Rate, benefiting both rates and stocks. The winning streak for mortgage rates is currently at 5 days, with potential for a bounce in the future.
Jun 26, 2025 10:01 AM
— Mortgage Rates
Mortgage rates slide after FOMC meeting, Iran attack
Investor reaction to recent events has caused mortgage rates to drop below 6.8% for the first time in over a month, with the 30-year fixed rate mortgage remaining steady. Yields on the 10-year Treasury are climbing due to various factors, and regulatory changes post the Surfside collapse are affecting mortgage access.
Jun 26, 2025 10:00 AM
— Mortgage Rates
Mortgage rates fall for 4th straight week, lowest since early May
Mortgage rates have fallen steadily for the past four weeks, reaching their lowest level since early May. Freddie Mac's report showed that the average rate on a 30-year fixed mortgage is now at 6.77%, down from 6.81% the previous week. Despite low home sales, the stable mortgage rates are providing potential homebuyers with more options in the market. Affordability is a concern, with only three ma... more
Jun 26, 2025 9:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 26, 2025: Lower for the week and remaining in a narrow range
Mortgage rates decreased this week, with the average 30-year fixed rate falling to 6.81%. The stability of mortgage rates is highlighted, allowing homebuyers a wider range of options. Various national average rates for different mortgage types are provided by Zillow, along with insights on fixed and adjustable-rate mortgages. Factors affecting rates, such as the economy, are discussed. The article... more
Jun 26, 2025 9:00 AM
— Mortgage Rates
Mortgage rates fall below 6.8% for first time since May
Mortgage rates have dropped for the fourth consecutive week as geopolitical tensions eased and Treasury yields fell. The rates for a 30-year fixed mortgage decreased to 6.77%, and a 15-year mortgage fell to 5.89%. Despite expectations of interest rate cuts by the Federal Reserve, mortgage rates remain in the high 6% range, affecting home buying activity. The housing market is showing some improvem... more
Jun 26, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year mortgage in the U.S. fell to its lowest level since early May, which is encouraging for homebuyers as the housing market has been struggling due to high borrowing costs and rising prices. Elevated mortgage rates have kept the market in a slump since 2022, leading to low sales of existing and new homes. However, pending home sales have increased, suggesting potential i... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.