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News for: Mortgage Rates
Showing 721 - 744 of 786 results
May 8, 2025 3:00 PM
— Mortgage Rates
The best fixed and variable mortgage rates for the week
The article discusses how five-year fixed mortgage rates have slightly increased recently due to bond yields moving up after a drop in April. Despite the slight increase, long-term fixed mortgage rates are still relatively low. Some variable mortgage holders are choosing to lock into fixed rates because they believe now is a good time to do so. Three-year fixed mortgages have similar rates to five... more
May 8, 2025 2:00 PM
— Mortgage Rates
U.S. mortgage rates are holding steady. Will the trend last?
The article discusses how mortgage rates remained steady at 6.75% for a second week, with some slight fluctuations reported on a daily basis. The Federal Reserve decided not to change the current benchmark interest rate, citing uncertainty surrounding President Trump's tariff policy. Despite this, affordability for home buyers has improved slightly compared to last year, with more homes for sale. ... more
May 8, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Move Higher After Trade Deal
Mortgage rates increased after the U.S. and U.K. announced a trade deal, with lenders raising rates due to weakness in the bond market. The impact of trade policy on bonds, inflation, foreign demand, and issuance needs can affect mortgage rates. The increase in mortgage rates is considered average and still lower than the highs seen in early April, despite being higher than rates in March. Overall... more
May 8, 2025 12:00 PM
— Mortgage Rates
Mortgage rates hold steady, Freddie Mac says
Mortgage rates remained stable this week, with the average rate on a 30-year fixed mortgage staying at 6.76%. This is lower than the rate a year ago, which was 7.09%. Despite the stability of rates, there is a supply gap of 3.8 million homes, making it difficult for first-time homebuyers to enter the market. Sellers are also reluctant to sell due to the prospect of refinancing at higher costs. The... more
May 8, 2025 10:00 AM
— Mortgage Rates
UWM Leaning on Organic Growth, Not Acquisitions
The article discusses how mortgage rates have been increasing, reaching the highest levels in decades. This rise in rates is making it more expensive for home buyers to borrow money for their purchases. This has led to a decrease in home sales and a slowdown in the housing market. Home buyers are facing higher monthly payments and may be priced out of the market. Overall, the increase in mortgage ... more
May 8, 2025 10:00 AM
— Mortgage Rates
Mortgage rates hold steady after few surprises from labor data, Fed meeting
The article discusses how mortgage rates have remained steady at 6.76% this week, with 15-year mortgage rates slightly lower at 5.89%. The Federal Reserve has kept benchmark interest rates unchanged, citing economic uncertainty. While mortgage rates are not directly controlled by the Fed, they are affected by expectations of future interest rate policy. President Trump has called for rate cuts, bu... more
May 8, 2025 9:50 AM
— Mortgage Rates
Mortgage rates defy expectations amid key economic events
Mortgage rates remained stable this week, with the 30-year fixed rate averaging 6.76%. The 15-year fixed rate decreased slightly to 5.89%. Despite some movement in rates due to economic reports and the FOMC meeting, rates ended up where they started. Home buyers should be aware that any unexpected news could cause quick changes in mortgage rates. Mortgage applications increased by 11% last week in... more
May 8, 2025 3:00 AM
— Mortgage Rates
Powell Warns Of Higher Inflation, Unemployment As Fed Keeps Rates Steady
In the article, it is discussed how the Federal Reserve's actions impact mortgage rates. The Fed cut rates to zero at the beginning of the pandemic, causing mortgage rates to plummet. However, as the Fed raised rates in 2022 and 2023, mortgage rates also increased. Currently, there is a disconnect between the Fed's actions and mortgage rates, as they are often tied to 10-year Treasury yields. This... more
May 8, 2025 2:00 AM
— Mortgage Rates
Mortgage rates are falling. Is it a good time to buy a home?
Mortgage rates have dropped in early 2025, providing relief to homebuyers. However, economic uncertainty, including President Trump's tariffs and warnings of inflation, may impact future interest rates. Lower mortgage rates present an opportunity for buyers, but the housing market remains sluggish. Homebuyers face a "lock in" effect where current homeowners with lower rates are reluctant to sell, ... more
May 7, 2025 4:00 PM
— Mortgage Rates
Coinbase earnings, jobless claims, mortgage rates: What to Watch
The article discusses various economic data and market stories to watch for on Thursday, May 8th, including earnings from Coinbase Global, ConocoPhillips, and Anheuser-Busch Inbev. It also mentions the weekly updates on initial jobless claims and US mortgage rates. Analysts expect strong Q1 results from Shopify, and are looking for any guidance on future quarters. Jobless claims are expected to de... more
May 7, 2025 2:16 PM
— Mortgage Rates
What the latest Fed meeting means for mortgage lenders
Federal officials decided not to change monetary policy, which could have a short-term benefit for lenders as mortgage rates are expected to drop slightly. However, in the medium to long term, mortgage rates are likely to remain steady or increase, making it difficult for potential home buyers. The current state of monetary policy is not expected to significantly impact the housing market, and int... more
May 7, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Lower After Fed Announcement, But Not Because of It
The article discusses the lack of any rate decision from the Federal Reserve, as there was no expectation for a rate cut at the meeting. The Fed is weighing the impact of tariffs and fiscal policy on employment and inflation, which may influence future rate decisions. Mortgage rates were slightly lower following the meeting, but the movement was already in place beforehand and the change was minim... more
May 7, 2025 4:00 AM
— Mortgage Rates
Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Mortgage interest rates have decreased slightly for the second week in a row due to negative economic news. Despite this, mortgage demand has surged by 11%. The average contract interest rate for 30-year fixed-rate mortgages has dropped to 6.84%. Home buyers are taking advantage of the lower rates, especially for conventional loans. The housing market has been slow, with potential buyers hesitant ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Majority of rates decrease as Fed meeting underway | Today's mortgage and refinance rates for May 6, 2025
This article discusses the current trends in mortgage rates, noting that rates for 30-year fixed, 15-year fixed, and jumbo mortgages have decreased, while rates for adjustable rate mortgages have increased. The article highlights that mortgage rates are influenced by a combination of economic indicators, and mentions the positive April employment report from the Labor Department as a contributing ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 7, 2025: Will rates go up or down after the Fed meeting?
The article discusses current mortgage interest rates, which have seen slight increases in recent days. It explains that the Federal Reserve meeting may impact these rates, as decisions made by the central bank can lead to either an increase or decrease in home loan rates. The article also provides information on various types of mortgage rates, such as 30-year fixed, 15-year fixed, and adjustable... more
May 6, 2025 7:00 PM
— Mortgage Rates
Another Big Four bank slashes interest rate with a major catch: '40 per cent'
CBA has cut its variable interest rate to a competitive 5.84 per cent in response to mortgage wars between major banks ahead of an anticipated RBA cash rate cut. The move puts CBA in a competitive race with ANZ and Westpac. Customers must apply online and have a 40 per cent deposit to qualify for the lowest rate. NAB's offering is less competitive compared to other major banks. Borrowers are urged... more
May 6, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Improve Slightly After Starting Out Flat
Mortgage rates were unchanged in the morning due to an improvement in the bond market, but changed slightly lower after a 10yr Treasury auction in the afternoon. Mortgage rates are closely tied to the bond market, and any changes in Treasury securities can impact mortgage rates. A strong reception for the Treasury auction is positive for rates in general, but economic data and fiscal developments ... more
May 6, 2025 10:00 AM
— Mortgage Rates
Mortgage rates aren’t poised to plummet anytime soon
The article discusses the current state of the housing market in 2025, with mortgage rates remaining higher than desired by Americans. The Federal Reserve is unlikely to lower interest rates, and economic uncertainty is causing potential homebuyers to be cautious. Pending home sales are down and median prices have dropped, causing concerns for real estate and mortgage professionals. Despite these ... more
May 6, 2025 7:00 AM
— Mortgage Rates
The Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your borrowing costs
The article discusses how the Federal Reserve is expected to hold interest rates steady despite pressure from President Trump. The uncertainty caused by trade policies and inflation forecasts is making the Fed hesitant to cut rates. High prices and borrowing costs are impacting consumers, while the potential effects of a trade war are causing concern. Mortgage rates have seen a slight decline, but... more
May 6, 2025 3:00 AM
— Mortgage Rates
30-Year Mortgage Rates Jump Higher
The article discusses how mortgage rates have been fluctuating, with 30-year rates rising to 6.95% and 15-year rates rising to 5.97%. The rates are influenced by various macroeconomic factors, including the Federal Reserve's bond-buying policies and interest rate adjustments. Home buyers are advised to shop around for the best rates and consider factors such as credit score and income when securin... more
May 6, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 6, 2025: Rates inch up before Fed meeting
The article provides information on current mortgage rates, noting that most rates have increased recently. It suggests that the Federal Reserve's upcoming decision on cutting the federal funds rate could impact mortgage rates either staying steady or increasing. The article also discusses the difference between 15-year and 30-year mortgage rates, emphasizing that shorter terms can save money in t... more
May 5, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Roughly Unchanged to Start New Week
On Monday, mortgage rates were slightly impacted by economic data leading to some weakness in the bond market. While this would usually result in higher mortgage rates, the damage was minimal. Mortgage rates do not change in real time, as lenders set rates in the morning and only adjust them if the bond market experiences significant volatility. This means that while a few lenders raised rates on ... more
May 5, 2025 7:00 AM
— Mortgage Rates
Will mortgage rates fall after this week's Fed meeting?
The article discusses the Federal Reserve's upcoming meeting to determine interest rates, which will impact borrowers and savers. While a rate cut is unlikely this month, there is a chance it could happen in June. Mortgage rates have been elevated, and a potential rate cut could ease borrowing for homebuyers and homeowners looking to refinance. It is recommended that buyers monitor rates daily for... more
May 5, 2025 4:01 AM
— Mortgage Rates
Most rates decrease ahead of Fed meeting | Today's mortgage and refinance rates for May 5, 2025
Mortgage interest rates were mostly lower compared to the previous week, according to Bankrate data. Rates for 30-year fixed, 15-year fixed, and jumbo mortgages declined, while rates for adjustable rate mortgages increased. The April employment report showed strong job growth and low unemployment, leading experts to believe the Federal Reserve will keep its benchmark rate unchanged in the upcomin... 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.