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News for: Mortgage Rates
Showing 1129 - 1152 of 1376 results
Jun 23, 2025 2:00 PM
— Mortgage Rates
Best Closing Levels in More Than a Month
Mortgage rates have decreased to the best levels since the first week of May. The improvement is attributed to the shift in Fed Funds Rate expectations after comments from Bowman, increasing anticipation for Fed Chair Powell's congressional testimony.
Jun 23, 2025 8:00 AM
— Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of previously owned U.S. homes increased slightly in May, with a seasonally adjusted annual rate of 4.03 million units. However, sales fell compared to the previous year due to affordability issues caused by high mortgage rates and rising home prices. The median sales price for homes reached an all-time high in May, and while price growth has slowed, prospective homebuyers still face challen... more
Jun 23, 2025 7:00 AM
— Mortgage Rates
NAR Existing-Home Sales Report Shows 0.8% Increase in May
Existing-home sales rose in May in the Northeast, Midwest, and South but decreased in the West. The rise in sales is attributed to persistently high mortgage rates, and lower rates are expected to attract more buyers and sellers. The National Association of REALTORS(R) is optimistic that reducing mortgage rates will lead to increased home sales across the country.
Jun 23, 2025 7:00 AM
— Mortgage Rates
Mortgage Rates Continue Downward Dip: Mortgage Rates on June 23, 2025
Mortgage rates have slightly decreased over the last week, but home affordability remains a challenge. Factors like Fed rate cuts, labor data, inflation, trade wars, and policy turbulence contribute to economic uncertainty. The Federal Reserve is adopting a 'wait-and-see' approach, and the housing market is not looking promising for the summer. Homebuyers are advised to be patient, compare offers,... more
Jun 23, 2025 7:00 AM
— Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of existing U.S. homes increased slightly in May, but the pace was still slow due to high mortgage rates and rising prices. The national median sales price rose to an all-time high, but the rate of growth slowed. Mortgage rates have remained relatively high, impacting affordability for potential buyers. Affordability constraints are limiting home purchases, particularly for first-time buyers... more
Jun 23, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 23, 2025: Lower as international tensions escalate
The article discusses the current mortgage rate trends, including a decrease in rates today. It also highlights factors to consider when choosing between a 15-year and 30-year mortgage, adjustable-rate mortgages, and how mortgage lenders determine rates based on factors like down payments, credit scores, and debt-to-income ratio. Information on mortgage buydowns and refinancing options is also pro... more
Jun 22, 2025 9:00 AM
— Mortgage Rates
How will mortgage rates react to US bombing of Iran?
The U.S. bombed Iranian nuclear sites, causing uncertainty in the market. However, the mortgage market has been calmer this year. The article discusses how recent global events may impact oil prices, the U.S. dollar, and the 10-year yield, but also notes that reactions in the market have been unusual this year.
Jun 22, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 22, 2025: Rates move noticeably lower
Mortgage rates have decreased, with a 30-year fixed rate at 6.68% and a 15-year fixed rate at 5.90%. The Mortgage Bankers Association predicts that rates will stay near these levels through September. It is recommended to focus on personal finances rather than waiting for rate drops to secure the lowest mortgage rate. The article also discusses the differences between 15-year and 30-year mortgages... more
Jun 21, 2025 5:02 AM
— Mortgage Rates
Mortgage Applications Slip Despite Lower Rates
Mortgage application activity decreased despite lower rates, with refinance applications falling 2% but still higher than last year. Purchase applications also declined, showing the fragile sentiment in the housing market. Average 30-year fixed rates dropped to 6.84%, the lowest since April, with minimal volatility recently. Refinance share increased slightly to 37.3% of total applications, while ... more
Jun 21, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 21, 2025: 30-year home loan rates dip slightly
Mortgage rates are currently fluctuating, with 30-year fixed rates at 6.77% and 15-year fixed rates at 6.05%. The Federal Reserve holding off on a rate cut is expected to result in little change in mortgage rates. There are advantages and disadvantages to different mortgage terms like 30-year fixed and 15-year fixed, as well as adjustable-rate mortgages. Current mortgage rates are expected to rema... more
Jun 20, 2025 10:00 AM
— Mortgage Rates
Rates decline as Fed stays the course | Current mortgage and refinance rates, June 20, 2025
National mortgage rates decreased across the board for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans compared to a week ago. The Federal Reserve opted to keep the benchmark federal funds rate unchanged. The rates are still impacting by factors like inflation, employment, tariffs, and political pressures. The average rates for different types of mortgages were provided along with the impa... more
Jun 20, 2025 10:00 AM
— Mortgage Rates
Mortgage Rates Hold Steady
Banks and mortgage bond markets were closed on a federal holiday, so mortgage lenders were unable to update rates, though rates have remained steady. Over the past 3 days, average rates have fallen slightly, keeping them close to the lowest levels since April 4th.
Jun 20, 2025 5:02 AM
— Mortgage Rates
Mortgage Rates Dip Down: Mortgage Rates on June 20, 2025
Mortgage rates have slightly decreased, but are still close to 7%. Federal Reserve has left interest rates unchanged in response to an uncertain economic outlook with lingering inflation and threats of a global trade war. Mortgage rates are influenced by inflation, labor data, policy changes, and global measures like tariffs. Potential homebuyers are advised to shop around and compare offers as mo... more
Jun 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 20, 2025: Rates trending lower
Mortgage rates slightly decreased this week, with the 30-year fixed rate dropping to 6.81% and the 15-year fixed rate averaging 5.96%. The Federal Reserve left short-term interest rates unchanged. Mortgage refinance rates are higher than those for purchasing a house. Fixed-rate mortgages lock in interest rates for the entire loan term, while adjustable-rate mortgages change periodically. Mortgage ... more
Jun 19, 2025 3:00 AM
— Mortgage Rates
Homebuyers See Lower Mortgage Rates: Current Mortgage Rates for June 19, 2025
The article discusses how mortgage rates have slightly decreased, making it less expensive to buy a house. Economic uncertainty, trade wars, and global factors affect mortgage rates. The housing market remains unaffordable despite the slight decrease in rates, with experts warning of future volatility. Prospective homebuyers are advised to compare multiple offers and be prepared to take advantage ... more
Jun 19, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 19, 2025: Rates fall to a 4-week low
Mortgage interest rates fell to a four-week low, with the average 30-year fixed mortgage rate at 6.81% and the 15-year fixed rate at 5.96%. Mortgage rates dropped due to more available inventory and should encourage potential homebuyers. The current national average mortgage rates are provided, and it explains the difference between fixed-rate and adjustable-rate mortgages.
Jun 19, 2025 2:00 AM
— Mortgage Rates
What Fed Decision Means for Mortgage Rates
The Federal Reserve held its key interest rate steady, leaving mortgage rates around 7 percent for the future. Tariffs are expected to impact inflation and slow down growth. Mortgage rates are likely to remain stable. High mortgage rates, together with rising costs, have made it difficult for many Americans to buy homes. Despite this, the housing market is stabilizing, with steady mortgage rates p... more
Jun 19, 2025 1:00 AM
— Mortgage Rates
The Federal Reserve’s Latest Dot Plot, Explained – And What It Says About Interest Rate Cuts
The Federal Reserve's dot plot shows projections for future interest rates, providing insight into the committee's reaction to economic data and predicted growth. However, these projections are not set in stone and can change as more information becomes available. The dot plot helps guide market expectations for Fed moves, impacting borrowing costs like mortgage rates.
Jun 18, 2025 2:00 PM
— Mortgage Rates
Remarkable Absence of Mortgage Rate Volatility
Mortgage rates remained almost unchanged after a recent Fed 'dot plot' day, indicating indecision in the market and among Fed members. The dot plot shows where each Fed member sees the Fed Funds Rate in the next few years and can cause volatility in financial markets. Despite the Fed not cutting rates, the dots had no harmful effect on rates, and the bond market was flat to slightly stronger on th... more
Jun 18, 2025 11:00 AM
— Mortgage Rates
Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more
The Federal Reserve decided to keep interest rates unchanged despite pressure from President Trump to lower them. Consumer borrowing rates, including credit cards and auto loans, remain high. Mortgage rates are tied to Treasury yields and have stayed relatively steady. Federal student loan rates are set annually and are not directly impacted by Fed moves.
Jun 18, 2025 9:01 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage fell to 6.81% from 6.84% last week, with borrowing costs on 15-year fixed-rate mortgages also decreasing. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy and bond market yields. Higher mortgage rates have been affecting the housing market, keeping sales low and impacting both existing and new homes.
Jun 18, 2025 9:00 AM
— Mortgage Rates
Mortgage rates are still stuck north of 6.8%
Mortgage rates remained above 6.8% for another week, with the average 30-year rate at 6.81% and the 15-year rate at 5.96%. Despite being the lowest in four weeks, rates have stayed within a narrow range between 6.8% and 7% since April. Mortgage application activity declined, with refinancing applications down 2% and home purchase applications down 3%. The Federal Reserve is expected to keep benchm... more
Jun 18, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage has eased for the third week in a row, providing relief to prospective homebuyers. The long-term rate fell to 6.81% from 6.84%, while borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate decisions and bond market expectations. High mortgage rates have been a d... more
Jun 18, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Drop on Fed Day: Today's Rates for June 18, 2025
The Federal Reserve is expected to hold interest rates steady, which has implications for homebuyers. Mortgage rates are slowly going down, but are still too expensive for most people due to high housing costs. The housing market is facing challenges with rising home prices, tight inventory, and the potential impact of an economic slowdown. Mortgage rates are influenced by various factors, and it ... 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.