Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
News for: Interest Rates
Showing 49 - 72 of 237 results
Sep 15, 2025 4:23 AM
— Interest Rates
Why a potential Bank of Canada interest rate cut is no silver bullet for mortgages and housing
Variable mortgage rates in Canada could drop below fixed rates if the Bank of Canada cuts its overnight rate as expected. However, scars from past rate swings and broader economic concerns may hinder significant growth in the housing market even if borrowing costs decrease further. The appeal of variable rates has diminished since the pandemic, and despite reductions in fixed rates, demand remains... more
Sep 15, 2025 3:23 AM
— Interest Rates
Will Fed rate cuts mean better deals for Indianapolis homebuyers? It's not that simple
Markets are anticipating interest rate cuts after Federal Reserve Chair Jerome Powell mentioned the possibility of reducing rates. Prospective homebuyer Jade Spencer, 26, is already under contract to buy a home but hopes for lower rates to potentially refinance or move homes in the future.
Sep 12, 2025 12:23 PM
— Interest Rates
Mortgage Rates Were Flat All Week No Matter What Other News Suggests
The underlying bond market weakened, leading to higher rates from mortgage lenders. Freddie Mac's weekly rate survey can cause misleading information due to its methodology. Daily rates had actually risen after Freddie's news was released. Today's increase in rates was not due to specific events, but rather traders closing positions for the week. Mortgage-specific bonds were less volatile, resulti... more
Sep 12, 2025 7:23 AM
— Interest Rates
Mortgage rates are down with the Fed on deck. Will it help the struggling housing market?
In September 2025, it is expected that the Federal Reserve will deliver a rate cut, causing mortgage rates to drop to an 11-month low. There is pent-up demand in the housing market due to low rates, but skepticism exists about whether interest rates will go up if the Fed doesn't meet the market's high expectations. Despite low mortgage rates, affordability remains an issue for many Americans, lead... more
Sep 11, 2025 12:24 PM
— Interest Rates
Mortgage Rates Move Back to Long-Term Lows
Today's inflation report did not create much volatility for rates, as most data was in line with expectations. The bond market improved slightly, leading to mortgage lenders offering rates just slightly lower than before, with the 30yr fixed rate reaching an 11-month low.
Sep 11, 2025 10:23 AM
— Interest Rates
Home mortgage demand surges as rates drop to 6.35%
Mortgage rates have dropped to the lowest level since October 2024, with the average interest rate for a 30-year fixed-rate mortgage falling to 6.35%. This has led to a surge in mortgage applications for both home purchases and refinancing. Treasury yields affecting mortgage rates moved lower due to weakening labor market data and the Federal Reserve is expected to cut the fed funds rate, although... more
Sep 11, 2025 7:08 AM
— Interest Rates
Best high-yield savings rates today – September 11, 2025
The article discusses high-yield savings accounts with top rates offered by ZYNLO Bank and Peak Bank, along with other institutions. It mentions how Federal Reserve rate changes can impact APYs on these accounts, as well as the importance of choosing a bank insured by the FDIC or NCUA. It also explains variables like APY, excessive transaction fees, minimum deposits, and the difference between onl... more
Sep 10, 2025 1:24 PM
— Interest Rates
With Fed expected to cut, mortgage rates fall to lowest levels in nearly a year
Mortgage rates have fallen to their lowest level in nearly a year, currently at 6.38 percent, as investors anticipate the Federal Reserve will cut interest rates. This drop comes despite the Fed leaving the federal funds rate untouched at its last meeting. The U.S. economy saw a 3 percent growth in the second quarter, but inflation remains at 2.7 percent, not meeting the Fed's target. The market o... more
Sep 10, 2025 1:23 PM
— Interest Rates
Mortgage Rates Hold Steady With Help From Econ Data
The Producer Price Index (PPI) report came in below expectations, leading to an improvement in the underlying bond market. This helped mortgage rates to hold steady instead of drifting higher.
Sep 9, 2025 12:23 AM
— Interest Rates
Current mortgage rates report for Sept. 9, 2025: Rates drop dramatically
The article discusses the average interest rates for 30-year, fixed-rate conforming mortgage loans in the U.S., providing historical context and factors influencing rates. It also highlights the impact of economic conditions, government actions, and lender strategies on mortgage rates. The Federal Reserve's role in influencing rates and the importance of comparing rates and exploring different loa... more
Sep 8, 2025 7:27 AM
— Interest Rates
Best high-yield savings rates today – September 8, 2025
Online-only banks like Peak Bank and ZYNLO Bank are offering high-yield savings accounts with competitive rates of 4.35 percent APY. These accounts are insured by the FDIC. Banks often adjust their APYs in response to Federal Reserve interest rate changes, and there is anticipation for a rate cut at the upcoming FOMC meeting. Even with potential rate decreases, federally insured high-yield savings... more
Sep 7, 2025 5:23 AM
— Interest Rates
Mortgage and refinance interest rates today, September 7, 2025: The 30-year rate plunged Friday. Will it hold through next week?
Mortgage interest rates have recently dropped, with the 30-year fixed rate at 6.20% and the 15-year rate at 5.38%. When deciding between a 30-year and a 15-year mortgage, the trade-off is a longer term but lower monthly payments versus a shorter term but higher monthly payments. Mortgage rates can vary based on factors like credit score and down payment. It's recommended to shop around with multip... more
Sep 6, 2025 3:23 AM
— Interest Rates
Why Trump's Push To Lower Mortgage Rates Could Backfire
President Donald Trump pushing the Federal Reserve to lower its benchmark interest rate could result in higher borrowing costs for homebuyers and the federal government. Mortgage rates are not directly linked to the fed funds rate, but are tied to yields on 10-year Treasury notes, influenced by inflation expectations. Trump's pressure on the Fed to lower rates could reduce its independence and cre... more
Sep 5, 2025 1:23 PM
— Interest Rates
Why new unemployment data could cause mortgage rates to fall further
The article discusses how the recent increase in unemployment rate, combined with the possibility of an interest rate cut by the Federal Reserve, could lead to further decreases in mortgage rates. Lower mortgage rates may be on the horizon for buyers and homeowners due to potential actions by the central bank.
Sep 5, 2025 8:23 AM
— Interest Rates
Mortgage Rates Plummet Back to Fall 2024 Levels
The monthly jobs report came in lower than expected, causing a reaction in the bond market and resulting in a drop in top tier 30yr fixed mortgage rates from 6.45% to 6.29%.
Sep 5, 2025 6:23 AM
— Interest Rates
Another Weak Jobs Report. Another Bond Rally
The Non-Farm Payrolls report came in weaker than expected with negative revisions to previous months. Despite this, the unemployment rate suggests a softer labor market, leading to only a small drop in yields. Bond markets had already rallied in the days leading up to the report.
Sep 4, 2025 12:27 PM
— Interest Rates
Average rate on a 30-year mortgage drops to 6.5%, lowest level since last October
The average rate on a 30-year U.S. mortgage fell to 6.5% from 6.56% last week, giving prospective homebuyers more purchasing power. Borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors like the Fed's interest rate policy decisions and bond market expectations. Rates have been declining due to expectations of the Fed cutting its benchmark short-te... more
Sep 4, 2025 12:24 PM
— Interest Rates
U.S. homeownership falls for first time since 2016
The article discusses a decline in the number of American households who are homeowners, likely due to high home prices and elevated interest rates. However, new residential construction increased, and mortgage rates dropped recently, encouraging homeowners to refinance. The Treasury Secretary mentioned the possibility of declaring a national housing emergency.
Sep 4, 2025 12:23 PM
— Interest Rates
Mortgage Rates Hit Another 2025 Low Ahead of a Potentially Volatile Friday
The last jobs report contributed to lowering the average 30yr fixed rate due to its weaker than expected results. The market is anticipating a Fed rate cut in the next meeting, keeping rates at recent lows. Today's data was in line with expectations, but traders are hedging against the possibility of labor market deterioration. Average 30yr fixed rates moved slightly lower to a new low for 2025.
Sep 3, 2025 1:30 PM
— Interest Rates
Mortgage application activity decreases despite lower rates
Despite the lowest interest rates in months, mortgage application volume declined for the third straight week leading up to Labor Day. The drop in refinance applications outweighed the increase in purchase volume as conventional rates rose week-over-week. The 30-year conforming fixed rate mortgage reached its lowest point since October 17th, partially due to bond traders pricing in a reduction in ... more
Sep 3, 2025 6:25 AM
— Interest Rates
Wall Street Prime Rate | WSJ Current Prime Rate Index
The article explains that The Wall Street Journal surveys large banks to set the consensus prime rate, which is the rate at which banks lend money to their most-favored customers. The prime rate will move up or down in line with changes by the Federal Reserve Board. Banks use the prime rate to set rates on consumer loan products like credit cards or auto loans.
Sep 2, 2025 1:25 PM
— Interest Rates
How low will mortgage rates fall with a September Fed rate cut? Here's what to know.
In September 2025, there is anticipation for a new interest rate reduction by the Federal Reserve due to concerns over unemployment and inflation. While this might impact various products and loans, the focus is on the mortgage and mortgage refinance climate. However, the impact on mortgage rates may be minimal at first, with only a 25 basis point cut expected, leading to rates in the range of 4.0... more
Sep 1, 2025 2:24 PM
— Interest Rates
High-Yield Savings Rates Today: September 1, 2025 | You Can Still Earn Up To 4.35% APY
Market watchers eagerly wait to see if the Federal Reserve will lower its benchmark rate at the upcoming meeting, which could lead to lower rates on loans. Savers may not benefit from a rate cut as it could result in declines in savings account interest rates. The top savings account APY is currently 4.35 percent. The Federal Reserve has not changed rates at its previous meetings but may consider ... more
Aug 29, 2025 3:23 PM
— Interest Rates
Trump says Fed rate cuts will make a solid US economy even better. Is he right?
President Donald Trump is trying to reshape the makeup of the Federal Reserve to push for aggressive rate cuts, believing that high mortgage rates are pricing out Americans from buying homes. While experts say lower rates may be necessary, cutting rates too quickly could lead to inflation and increased mortgage prices. The Fed is considering rate cuts due to weak labor market conditions, but Trump... more
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.