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News for: Mortgage Rates
Showing 649 - 672 of 786 results
May 29, 2025 9:00 AM
— Mortgage Rates
Mortgage rates spend another week stuck near 7%
Mortgage rates rose slightly this week as Treasury yields moved higher, with the average 30-year rate at 6.89% and the 15-year rate at 6.03%. Despite rates being lower than a year ago, prospective buyers are struggling to find affordable options, impacting home contract signings. Mortgage applications to purchase a home improved 3%, while refinancing applications dropped 7%.
May 29, 2025 8:00 AM
— Mortgage Rates
Housing contract activity dropped sharply in April as volatility and high rates reigned
Home contract signings in April fell 6.3% due to high mortgage rates and tariff uncertainty. Pending contracts were down 2.5% year over year nationwide, with decreases in all regions except the Midwest. Housing inventory has increased, but prices remain high and mortgage rates are above 6%, making the market unaffordable for many. Lower mortgage rates are needed to boost homebuyers back into the m... more
May 28, 2025 11:00 AM
— Mortgage Rates
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage rates increased to the highest level since January, but homebuyers were still applying for loans. Purchase applications rose by 2%, while applications to refinance fell by 7% for the week. Mortgage rates slightly dropped at the start of the week after a report on consumer confidence.
May 28, 2025 4:00 AM
— Mortgage Rates
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage rates rose for the third straight week to the highest level since January, with an increase in applications to purchase a home but a decrease in applications to refinance. The increase in purchase applications is attributed to increased housing inventory in many markets.
May 28, 2025 3:00 AM
— Mortgage Rates
Mortgage rates keep climbing, but so does homebuyer demand
Mortgage rates have risen over the Memorial Day weekend, prompting calls for benchmark rate cuts. Despite the increase, home purchase demand is stronger compared to a year ago.
May 28, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 28, 2025: Moving lower among the most popular loan terms
Mortgage interest rates are currently lower across popular loan terms. The article discusses the average interest rates for different mortgage options such as 30-year fixed, 20-year fixed, 15-year fixed, and ARM loans. It also explains the pros and cons of different mortgage types like fixed-rate mortgages and adjustable-rate mortgages. Additionally, refinancing options are mentioned along with ti... more
May 27, 2025 2:01 PM
— Mortgage Rates
Mortgage Rates Move Back Under 7%
30yr fixed mortgage rates spent 3 consecutive days over 7% last week, marking the first time since February. Rates have been more volatile and elevated in the past 7 weeks compared to the narrow range in March. Today's improvement was influenced by bond market movements and a stronger than expected Consumer Confidence Index, which raised concerns over the labor market.
May 27, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 27, 2025: Mostly unchanged following the holiday weekend
The article discusses that mortgage interest rates remained mostly unchanged today. It provides information on the current mortgage rates, the difference between 15-year and 30-year mortgages, refinancing rates, adjustable-rate mortgages, future mortgage rate predictions through 2025, and factors to consider when refinancing. It concludes by discussing the anticipated decrease in mortgage rates by... more
May 26, 2025 12:00 PM
— Mortgage Rates
Mortgage rates are battling a weak economy and persistent inflation, and inflation may be winning
The article discusses the importance of asking the right questions before signing a mortgage, particularly related to credit scores. It also touches on the sustainability of mortgage rates at 7% and the benefits of life insurance for financial security.
May 26, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 26, 2025: Slight changes as bond market on holiday
The article discusses the current mortgage interest rates for Memorial Day 2025, noting that the 30-year fixed mortgage rate fell slightly while the 15-year fixed interest rate increased. It also mentions how rates are affected by the bond market's closure during the holiday weekend and how concerns about tariffs and national debt influence bond yields.
May 25, 2025 2:00 PM
— Mortgage Rates
Home sales slowest in over a dozen years
Sales of previously owned U.S. homes fell in April due to elevated mortgage rates and rising prices, marking the slowest sales pace for the month of April since 2009. Home prices continued to increase, reaching an all-time high. The average rate on a 30-year mortgage remains high, freezing out potential homebuyers. However, there is a higher inventory of unsold homes on the market compared to rece... more
May 25, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 24, 2025: A surprise move downward
Mortgage rates are slightly lower today after rising for three days. The average 30-year fixed rate is 6.94% while the 15-year fixed rate is 6.09%. Refinancing rates are higher than rates for buying a house. 30-year fixed rate mortgage has lower payments but higher interest costs in the long term, while the 15-year fixed rate has higher monthly payments but lower interest costs over the life of th... more
May 25, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 25, 2025: Rates remain volatile in light of mixed economic news
The article discusses how mortgage rates are mixed today, with the 30-year fixed rate at 6.91% and the 15-year fixed rate at 6.10%. It emphasizes the importance of having a target home loan interest rate in mind when buying a home, as well as the significance of balancing interest rates with lender fees to find the best overall loan package for the long term. The article also provides information ... more
May 24, 2025 3:01 AM
— Mortgage Rates
Mortgage Demand Impacted by Rising Rates
Mortgage rates rose to their highest levels since February last week, leading to a slowdown in both purchase and refinance applications. Despite the increase in rates, purchase applications are up 13 percent from the previous year. The Mortgage Bankers Association's surveyed rates also showed increases in various loan types.
May 23, 2025 10:01 AM
— Mortgage Rates
Mortgage Rates Lower Again Today, But Still Higher on The Week
The bond market closed 3 hours earlier than usual, limiting potential intraday rate changes in the mortgage market. Overnight, there was a slight improvement in rates, but they remained above 7%. While 7% rates are not new, they haven't been seen regularly in the past few months.
May 23, 2025 7:01 AM
— Mortgage Rates
Mortgage rates keep rising, influenced by DC developments
The 30-year fixed rate mortgage increased slightly but remains under 7%. Mortgage delinquencies rose in March. Economic news, political developments, and the FOMC meeting caused fluctuations in rates but ultimately they remained steady.
May 22, 2025 1:00 PM
— Mortgage Rates
Mortgage rates are on the rise. Is Trump's 'big, beautiful bill' to blame?
Mortgage rates have increased this week, with a 30-year fixed-rate mortgage now above 7%. This increase is attributed to a weaker market for U.S. Treasury bonds, concerns about spending in President Trump's bill, and inflation fears. Despite the rise in rates, Freddie Mac still sees stable rates and an increase in homebuying activity.
May 22, 2025 1:00 PM
— Mortgage Rates
A head turning six-month mortgage rate, but with a catch
This week, the lowest mortgage rates include a world-leading offer at 1.99%. True North Mortgage is offering a 1.99% rate on a six-month insured fixed mortgage, with the condition of renewing with them at a premium or paying a fee. Real estate investors are eager for such low rates, especially in struggling markets like Toronto. However, factors like bond yields, core inflation, and price expectat... more
May 22, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Edge Down From Recent Highs, But Remain Over 7%
Mortgage rates reached their highest level in over 3 months due to concerns about the impact of the spending bill on Treasury issuance and fiscal spending. Despite the bill passing the House, the Senate's delay in getting it to the President's desk allowed markets to pause and reflect. Some investors find yields on US Treasuries increasingly appealing, which could put downward pressure on rates as... more
May 22, 2025 12:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage in the U.S. rose to 6.86%, the highest since mid-February, which could slow down home sales in the spring buying season. Factors influencing mortgage rates include global demand for U.S. Treasuries, Federal Reserve's interest rate decisions, and bond market investors' expectations. The recent rise in rates is due to moves in the 10-year Treasury yield, causin... more
May 22, 2025 11:00 AM
— Mortgage Rates
Mortgage rates rise to highest level since mid-February
Mortgage rates have increased to the highest level since mid-February, with the average rate on the benchmark 30-year fixed mortgage rising. Home sales slipped last month, signaling a weak start to the spring selling season. The increase in mortgage rates is attributed to the rise in the yield on the benchmark 10-year U.S. Treasury note due to concerns about the nation's fiscal outlook after Moody... more
May 22, 2025 10:00 AM
— Mortgage Rates
Mortgage rates climb to highest level in more than three months amid bond market unrest
Mortgage rates are rising back towards 7%, reaching the highest level since mid-February. The increase is due to growing concern about the national debt, which has impacted home borrowing rates as they track the 10-year Treasury yield. These elevated rates, combined with increasing home prices, have slowed down the spring home buying season. However, national home prices continue to rise, reaching... more
May 22, 2025 6:01 AM
— Mortgage Rates
The bond market is breaking. Washington just made it worse
The U.S. bond market is experiencing a significant sell-off, leading to long-term Treasury yields spiking to their highest levels in decades. This has caused mortgage rates to climb, stock markets to drop, and a shift in safe-haven assets like gold and Bitcoin. The sell-off is due to a supply-demand imbalance in Treasuries and a Trump-backed tax bill. Mortgage rates have surged to 7.08%, making ho... more
May 22, 2025 5:00 AM
— Mortgage Rates
Mortgage rates will go below 6% next year, Fannie says
Fannie Mae is predicting mortgage rates to fall below 6% by the second quarter of 2026. The interest rate environment is expected to result in higher refinance mortgage volume in 2025 and 2026. The top five lenders have had a high mortgage origination volume, and there have been discussions around GSE reform and tax bill debates affecting yields on the 10-year Treasury.
DISCLAIMER: mortgage-rates.ai is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. mortgage-rates.ai is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
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.