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News for: Mortgage Rates
Showing 769 - 786 of 786 results
Apr 29, 2025 6:24 AM
— Mortgage Rates
Most rates decline: Is now the best time to buy? | Today's mortgage and refinance rates for April 29, 2025
Average mortgage rates were mostly lower compared to a week ago, with rates for 30-year fixed, 15-year fixed, and 5/1 ARM loans decreasing, while rates for jumbo mortgages remained flat. Existing-home sales dropped in March, but prices increased year-over-year for the 21st consecutive month. The affordability challenges associated with high mortgage rates contributed to sluggish homebuying and sel... more
Apr 28, 2025 10:01 AM
— Mortgage Rates
Lender Response to Mortgage Seasonality
The article discusses a rise in mortgage rates and its impact on home buyers. It points out that increasing mortgage rates can make it more challenging for home buyers to afford a home, potentially leading to a decrease in home sales. Additionally, higher mortgage rates can impact refinancing activity and overall housing market activity. The article suggests that home buyers should carefully consi... more
Apr 28, 2025 6:00 AM
— Mortgage Rates
Rates decline: Will they keep falling? - Current mortgage and refinance rates for April 28, 2025
erage rate was 6.89 percent. For a 15-year fixed mortgage, the average rate is 6.15 percent, down 5 basis points from last week and up from 6.11 percent a month ago. The average rate for a 5/1 ARM is 6.88 percent, down 7 basis points from last week and up from 6.74 percent a month ago. Jumbo loan rates are at an average of 6.69 percent, down 1 basis point from last week and up from 6.68 percent a ... more
Apr 28, 2025 3:01 AM
— Mortgage Rates
March refis jump, but serious FHA delinquencies rise
In March, mortgage prepayment activity increased by 30% to its highest level since November. Mortgage rates were in a tight range between 6.6% and 6.7%, but after President Trump's tariff announcement, rates spiked close to or above 7%. Mr. Cooper and Pennymac Financial Services both took significant write-downs due to the rate drop. Despite the low rates, only a small percentage of borrowers were... more
Apr 27, 2025 9:38 AM
— Mortgage Rates
A Trump-induced interest rate cut won’t actually lower mortgage rates
The article discusses the impact of rising mortgage rates on home buyers. It explains that as mortgage rates increase, it becomes more expensive to borrow money for a home. This can deter potential buyers and lead to a decrease in home sales. Additionally, higher mortgage rates can also impact current homeowners looking to refinance their mortgages. Overall, rising mortgage rates can make it more ... more
Apr 27, 2025 9:37 AM
— Mortgage Rates
Mortgages of under 4% are back but dangers lurk for borrowers
Major UK lenders are offering fixed mortgage deals with interest rates under 4%, leading to a mini price war among providers. Further cuts in interest rates by the Bank of England are expected, but there are no guarantees. Many borrowers are opting for fixed-rate deals, but with the expectation of ongoing drops in mortgage costs, there is some risk involved. Some lenders are offering sub-4% deals ... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Existing Home Sales at 5 Month Lows
The National Association of Realtors' Existing Home Sales report shows that home sales remain slow, with levels near record lows. This is attributed to the high mortgage rates, which are impacting affordability for buyers. NAR Chief Economist Lawrence Yun expressed concern about the economic mobility implications of the current situation, as housing mobility is also at historic lows.
Apr 26, 2025 9:38 AM
— Mortgage Rates
Mortgage Applications Dropped Sharply in Response to The Recent Rate Spike
Mortgage rates spiked 2 weeks ago, leading to a decrease in refinancing demand and impacting home buyers. Purchase demand remained higher than usual but also experienced a decline. Rates have been fluctuating since the April 2nd tariff announcement, with the 30-year fixed rate rising to 6.9 percent, leading to a 20 percent drop in refinance applications. Purchase applications also decreased by 7 p... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Lowest Mortgage Rates in Nearly 3 Weeks
The article discusses the current state of mortgage rates, which have reached their lowest level since April 7th. The rates have been volatile recently, but have been slightly elevated compared to previous months. The coming week is expected to bring more economic data and events that could impact mortgage rates. Overall, the article suggests that mortgage rates are currently low, but may fluctuat... more
Apr 25, 2025 12:01 PM
— Mortgage Rates
Home Equity News: This Week's Roundup
The article discusses comparing different types of bank accounts, investments, loans, credit cards, and real estate experts. It also provides information on HELOCs, home equity loans, home equity rates, and recent mortgage rates. Additionally, it touches on the impact of rising home prices on the housing market and home affordability.
Apr 25, 2025 9:39 AM
— Mortgage Rates
Mortgage rates level off after wild swings
Mortgage rates experienced a rapid surge before leveling off, with the 30-year fixed-rate mortgage averaging 6.81% on April 24. Despite some recent volatility, the mortgage rates have fluctuated less than 20 basis points over the past couple of months. Economic and political news, such as tariff policies and potential changes in monetary policy, have driven market swings and impacted mortgage rate... more
Apr 25, 2025 9:38 AM
— Mortgage Rates
Mortgage Rates Continue Lower
Mortgage rates are slowly decreasing after a rapid rise two weeks ago. Last week saw rates dropping steadily, and this trend continued into the present week despite some temporary increases on Monday. Today was the best day of the week for the bond market, leading to a decrease in average 30yr fixed rates. This improvement may continue tomorrow, but there are no guarantees on future rates. Overall... more
Apr 23, 2025 9:38 AM
— Mortgage Rates
Most rates decline: Should you buy now? - Today's mortgage and refinance rates, April 22, 2025
Average mortgage rates have decreased for 30-year fixed, 15-year fixed, and 5/1 ARM loans, while rates for jumbo mortgages have risen. Economic uncertainty, particularly related to tariff announcements and global trade issues, has led to a decrease in consumer confidence and may impact housing demand in the near future. Mortgage rates are currently around 7 percent, which may further cool off hous... more
Apr 17, 2025 3:51 AM
— Mortgage Rates
Mortgage rates at highest since February, Freddie Mac says
Mortgage rates increased over 20 basis points, but stayed below 7%. The increase impacts home buyers, as the 30-year fixed-rate mortgage averaged 6.83%, up from the previous week. However, the spring home buying season is stronger this year compared to last year. The mortgage market has been volatile due to factors such as rising Treasury yields and credit spreads. The 7% threshold is important fo... more
Apr 16, 2025 9:39 AM
— Mortgage Rates
Mortgage rates to average 7% in 2Q, MBA says
The Mortgage Bankers Association is predicting mortgage rates to average 7% in the current quarter, with volatility in rates due to President Trump's tariff announcements. Refinance opportunities are expected to increase, but purchase volume is expected to decrease slightly. The forecast also includes expectations of stagflation and a reduction in economic growth. The Federal Reserve is expected t... more
Apr 9, 2025 9:39 AM
— Mortgage Rates
Freddie Mac survey: mortgage rates edge lower
The Freddie Mac Primary Mortgage Market Survey showed a small decrease in mortgage rates, with the 30-year fixed rate mortgage averaging 6.62%. While rates have remained under 7% for several weeks, there have been fluctuations due to economic uncertainties and tariff policies. The Mortgage Bankers Association reported a rate of 6.61% in its latest survey, but rates have since increased. Borrowing ... more
Apr 9, 2025 9:39 AM
— Mortgage Rates
Tariff twist boosts mortgage stocks, interest rates still up
Following Pres. Trump's announcement on Truth Social pausing most tariffs, most mortgage and housing stocks were up, except for China where tariffs were increased to 125%. Initially, the housing sector stocks were unaffected by the tariff announcement as the market expected lower mortgage rates. However, the 10-year Treasury yield closed higher on Tuesday, causing mortgage rates to remain elevated... more
Apr 2, 2025 9:39 AM
— Mortgage Rates
Mortgage rates move lower on tariff uncertainty
Mortgage rates saw a slight drop this week as investors reacted to President Trump's tariff announcement, causing anxiety in the market. Rates for 30-year fixed rate mortgages have been stable, with slight decreases in recent weeks. The market uncertainty is creating opportunities for some, but not everyone is optimistic. However, some experts believe the dip in mortgage rates could lead to an ear... 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.