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News for: Mortgage Rates
Showing 673 - 696 of 786 results
May 22, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 22, 2025: Sharply higher on national debt concerns
Mortgage interest rates experienced a significant increase, with the average 30-year fixed rate rising to 6.93%. The 15-year fixed rate remained stable. Bond yields have also surged, suggesting higher mortgage rates. Various factors impact mortgage rates, such as the economy, which determines whether rates increase or decrease. Two common mortgage terms are discussed: the 30-year mortgage with low... more
May 21, 2025 9:00 PM
— Mortgage Rates
Trump Floats ‘Very Serious’ Plan That Could Hike Mortgage Rates
President Donald Trump is considering bringing Fannie Mae and Freddie Mac public, two government-sponsored enterprises that back around 70% of the U.S. mortgage market. The idea of privatizing them has been discussed before, but concerns about potential consequences, like increasing mortgage rates, have been raised.
May 21, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Move Up to 3 Month Highs
Mortgage rates started the day at 7.05%, worsened throughout the day due to weak bond market performance after a 20yr Treasury bond auction with lower demand than expected. Updates on the budget debate in congress also contributed to negative sentiment. As a result, mortgage rates increased to 7.08%, the highest closing level in over 3 months.
May 21, 2025 4:00 AM
— Mortgage Rates
Mortgage demand drops after interest rates jump to the highest level since February
Mortgage rates increased last week leading to a 5.1% drop in mortgage applications according to the Mortgage Bankers Association. This rise in rates is attributed to concerns about inflation and increasing deficits and debt. Applications for both home purchases and refinances decreased, with homebuyers facing more listings but also higher interest rates.
May 21, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 21, 2025: Rates ease lower even as Fed signals delay in rate cuts
The article discusses how mortgage interest rates moved, with some decreasing and one increasing. It also touches on different mortgage types, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages, as well as the advantages and disadvantages of each. Additionally, it mentions the factors that affect mortgage rates and offers advice on refinancing mortgages.
May 20, 2025 2:00 PM
— Mortgage Rates
Mortgage Rates Hold Steady Near Recent Highs
Mortgage rates remained steady despite some market volatility, with lenders making positive adjustments to keep the average rate under 7% by the end of the day. Different lenders may have slightly different rates depending on when you look, but most should be close to their highest rate offering of the past month by the end of the day.
May 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 20, 2025: Rates jump following Moody's U.S. debt downgrade
Mortgage interest rates have increased due to Moody's decision to downgrade the US credit rating, which led to a jump in Treasury yields. Refinance rates are typically higher than purchase rates, and a mortgage calculator can help determine monthly payments. While 15-year mortgage rates are lower than 30-year rates, monthly payments are higher. Economists do not expect significant mortgage rate dr... more
May 19, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Briefly Over 7% Before Mid-Day Improvement
Mortgage rates increased sharply over the weekend due to Moody's credit rating downgrade of the U.S., causing bond market weakness and higher mortgage rates. Most lenders set their rates between 9am-10am ET, resulting in rates over 7% for the first time in months. However, rates began to decrease later in the day, returning closer to the previous week's range.
May 19, 2025 11:00 AM
— Mortgage Rates
Mortgage rates cross back over 7% after U.S. credit downgrade
Mortgage rates surged higher after Moody's downgraded the U.S. credit rating, reaching the highest level since April. This increase in rates had a direct effect on the housing market, causing a drop in pending sales of existing homes and homebuilder sentiment. There was a slight increase in mortgage demand when rates were around 6.9%, but any increase above 7% led to a slowdown in buyers and disqu... more
May 19, 2025 3:03 AM
— Mortgage Rates
Rates rise: When should you lock? | Current mortgage and refinance rates, May 19, 2025
The article provides current average mortgage rates for 30-year fixed, 15-year fixed, and 5/1 ARM loans. It also mentions Bankrate.com as a source for staying up-to-date on housing market trends.
May 19, 2025 3:02 AM
— Mortgage Rates
Most rates increase on U.S. debt downgrade | Today's mortgage and refinance rates, May 21, 2025
National mortgage rates increased compared to last week, with 30-year fixed, 15-year fixed, and jumbo loan rates going up, while 5/1 ARM rates fell. The Federal Reserve holding its benchmark rate steady may result in future rate cuts. Experts predict rates to remain relatively stable in 2025 with only a slight downward trend. Factors such as inflation and unemployment figures will influence mortga... more
May 19, 2025 3:00 AM
— Mortgage Rates
Mortgage Refinance Rates Fall: Mortgage Refinance Rates for May 19, 2025
Average mortgage refinance rates have been high, causing concern among homeowners. Despite initial predictions of lower rates due to inflation and interest rate cuts, rates have remained stubbornly high. Experts suggest keeping an eye on mortgage rates and taking advantage when they fall, as refinancing can be beneficial, especially if you can reduce your interest rate by 1% or more.
May 19, 2025 3:00 AM
— Mortgage Rates
Better mortgage spreads boost housing demand in 2025
Improvement in mortgage spreads since 2023 has led to 15 consecutive weeks of positive year-over-year growth in purchase application data for 2025. Mortgage spreads turned negative due to market volatility but have since improved as stock and bond markets stabilized. Mortgage demand remains strong despite elevated rates. Any adverse reaction may lead mortgage rates to reach 7.25% or higher, the ye... more
May 18, 2025 5:01 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 18, 2025: Lower rates are encouraging for home buyers
Mortgage rates have decreased, with the average 30-year fixed interest rate at 6.77% and the 15-year fixed rate at 6.03%. Tips to secure a lower mortgage rate include applying for preapproval with multiple lenders, paying for discount points at closing, and considering different term lengths. Factors impacting rates include credit score, down payment, and debt-to-income ratio. Additionally, the ar... more
May 18, 2025 5:00 AM
— Mortgage Rates
Mortgage rates seen as stable. So why are homebuyers still hesitant?
Mortgage rates have risen slightly but remained below 7% for the 17th consecutive week. While rising inventory is attracting homebuyers, pending home sales have decreased year over year due to economic uncertainties and high costs. Buyers are hesitant due to concerns about tariffs, potential recession, and high monthly payments. Some are opting for condos or small houses to simplify their lives. T... more
May 17, 2025 5:03 AM
— Mortgage Rates
Purchase Demand Moves Back Toward 2 Year High; Refis Hold Steady
According to the MBA mortgage application survey, home purchase demand improved last week, although the increase was modest. Refinance activity remains elevated but not as high as last Fall. Mortgage rates saw minimal changes, with a slight increase in the average 30yr fixed rate from the previous week.
May 17, 2025 5:03 AM
— Mortgage Rates
Mortgage Rates End Week Only Slightly Higher After Decent Recovery
The average top tier 30yr fixed mortgage rate is ending the week slightly higher than last Friday at 6.92%, after hitting 6.99% on Wednesday. The bond market, responsible for mortgage rate changes, was weaker, but some lenders did not fully adjust rates to reflect gains. Rates improved slightly today, with some lenders increasing rates slightly, but overall still below yesterday's rates.
May 17, 2025 5:02 AM
— Mortgage Rates
Mortgage rates have been volatile recently, and no one knows where they'll go next
The article discusses how tariffs can affect mortgage rates as markets anticipate the impact on economic growth and inflation. If the labor market weakens, mortgage rates may drop, but concerns about inflation could lead to rate hikes. It also covers different types of mortgages like the 30-year fixed-rate and 15-year fixed-rate options, as well as factors affecting mortgage rates such as Federal ... more
May 17, 2025 5:01 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 17, 2025: It's a good weekend to lock in your rate
Mortgage rates have decreased for two consecutive days, making it a good weekend to start shopping for homes and mortgage lenders. Locking in a mortgage rate is recommended in this volatile rate environment. The article discusses the current mortgage rates and refinance rates, as well as the pros and cons of different mortgage types like 30-year fixed, 15-year fixed, and adjustable-rate mortgages.... more
May 17, 2025 4:01 AM
— Mortgage Rates
Pulte wants Freddie AU savings passed on to consumers
Freddie Mac has made enhancements to its Loan Product Advisor automated underwriting system and is urging lenders to pass on the cost savings to consumers. The Federal Housing Finance Agency Director Bill Pulte has made various initiatives and changes, including a fee-based resolution for certain loan flaws and renaming the agency. Freddie Mac reported a slight drop in mortgage rates, but some mea... more
May 16, 2025 7:01 AM
— Mortgage Rates
Today's Mortgage Rates | Rates Up as Hopes for Fed Cuts Shrink
Mortgage rates have been volatile due to unpredictable tariff rollouts and expectations of tariffs raising inflation. If tariffs cause inflation, the Fed may not lower rates, but if economic growth slows, rates may go down. Current rates are around 6.80% for 30-year mortgages and 6.10% for 15-year mortgages. Refinance rates are similar. Fed rate cuts are uncertain, and forecasts expect rates to ea... more
May 16, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 16, 2025: Year-over-year rates have decreased
Mortgage rates have increased slightly this week according to Freddie Mac, with the 30-year fixed interest rate up to 6.81% and the 15-year fixed rate at 5.92%. Despite the increase, rates are still lower than they were last year. The article discusses types of mortgage rates, including fixed and adjustable, as well as the impact of rates on monthly payments and long-term costs. Mortgage refinance... more
May 15, 2025 2:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April
The average rate on a 30-year mortgage in the U.S. rose to 6.81% from 6.76% last week, returning to where it was three weeks ago. Borrowing costs on 15-year fixed-rate mortgages also increased slightly. Mortgage rates are influenced by factors such as global demand for U.S. Treasurys, the Federal Reserve's interest rate policy decisions, and investors' expectations about the economy and inflation.
May 15, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Catch a Break
Mortgage rates have been consistently increasing in May, with the average top tier 30yr fixed rate reaching 6.99%. However, there was a slight improvement today, preventing rates from breaking above 7.0%. The bond market improved after economic data and a speech from Fed Chair Powell. As a result, the average lender's rates are slightly lower compared to yesterday.
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.