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News for: Mortgage Rates
Showing 1009 - 1032 of 1065 results
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
May 5, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance rates today, May 5, 2025: Don't expect lower rates after the Fed meeting
The article discusses the current increases in mortgage rates, with the average 30-year fixed rate at 6.70%. The Federal Reserve meeting is not likely to result in a rate cut, so home loan rates may not drop in the near future. The article provides information on current mortgage rates and refinance rates, emphasizing the importance of considering factors such as term length and interest rates whe... more
May 3, 2025 5:01 AM
— Mortgage Rates
Ginnie Mae Removals Slow in First Quarter as Payoffs Drop
The article discusses the current state of mortgage rates and their impact on home buyers. It indicates that mortgage rates have been steadily increasing, reaching a level that is causing concern among potential home buyers. The rise in mortgage rates is making it more expensive for buyers to afford a home, leading to a decrease in overall home sales. Additionally, the article suggests that the in... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage Applications Contract Slightly, But Remain Above 2 Year Average
Mortgage rates have been falling, with additional decreases during the first half of the week. Despite this, there has been hesitation among home buyers, as reflected in the Mortgage Bankers Association's mortgage application survey. The increase in rates at the beginning of the week has led to modest drops in both refinance and purchase indices. MBA notes that demand for purchase applications rem... more
May 3, 2025 5:00 AM
— Mortgage Rates
30-Year Refinance Rates Move Lower
Mortgage rates have been fluctuating in a narrow range, with the 30-year refinance average currently at 7.03%, down from a peak in April. Rates for other refinance loan types have also moved down slightly. These rates are influenced by factors such as the Federal Reserve's bond-buying policy and interest rate adjustments. Home buyers are advised to shop around for the best mortgage refinance optio... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance rates today, May 3, 2025: Rates rise in response to April jobs report
The article discusses the current mortgage rates, indicating that most rates have increased recently, with the average 30-year fixed rate at 6.70%. The increase in rates could be due to positive economic indicators, such as the April jobs report. The article explains how different mortgage types work, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages. It also provides advice on w... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage payments just hit a record high. See what the median U.S. house payment is right now
The article discusses how monthly housing costs in the U.S. have reached a record high, with the median monthly mortgage payment hitting $2,870. This is due to increasing home prices and high mortgage rates. The economic uncertainty surrounding President Trump's tariffs is also causing many potential buyers to hold off on purchasing a home. Mortgage rates are expected to remain high, with a slight... more
May 2, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Are Actually Higher This Week
Mortgage rates fluctuated throughout the week, with a slight decrease mid-week followed by an increase back up to 6.90% by the end of the week. The increase in rates was attributed to a stronger than expected jobs report, which is seen as bad news for mortgage rates. This increase in rates may impact home buyers looking to secure a mortgage for a new home.
May 2, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 2, 2025: Rates are notably lower than last year
The article discusses how mortgage interest rates have decreased, with the national average 30-year fixed mortgage rate at 6.76% and the 15-year fixed rate at 5.92%. The rates have dropped significantly since the same time last year, making it a better time for hopeful home buyers. The article also provides current mortgage rates and refinance rates, along with information on fixed-rate and adjust... more
May 1, 2025 3:00 PM
— Mortgage Rates
Will Mortgage Rates Go Down In May?
Mortgage rates are not expected to move much in the near future due to inflation and the Federal Reserve's benchmark rate remaining steady. However, some experts predict that rates may decrease slightly in May due to a slowing economy and post-election uncertainty. Mortgage rates have been kept high by a strong economy, inflation concerns, and worries about the federal deficit. Despite hopes of ra... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 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 600 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.