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News for: Mortgage Rates
Showing 1321 - 1344 of 1368 results
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
May 1, 2025 1:00 PM
— Mortgage Rates
Normalcy Returns to the Non-QM Secondary
The article discusses current trends in mortgage rates and their impact on home buyers. It notes that mortgage rates have recently increased, causing concern among potential home buyers. Higher rates can make purchasing a home more expensive and can impact the overall affordability of buying a house. This can lead to fewer people being able to afford a home, which may slow down the housing market.... more
May 1, 2025 12:24 PM
— Mortgage Rates
Rates Pull Back Slightly After Stronger Economic Data
Mortgage rates, after a steady winning streak, saw a slight increase following a report on the manufacturing sector suggesting contraction. Stronger data typically leads to higher rates as it causes weakness in the bond market. Despite the increase, the average borrower would barely notice a change. Volatility remains a risk with the upcoming release of the Employment Situation report, which has a... more
May 1, 2025 10:01 AM
— Mortgage Rates
Mortgage rates down as tariff tantrum ends: Freddie Mac
Mortgage rates declined this week with the 30-year fixed rate mortgage averaging 6.76%. The movements are in line with the 10-year Treasury yield. The 15-year FRM also saw a small drop, indicating potential stabilization in the mortgage market. While the broader economic landscape remains uncertain, mortgage borrowers have received some respite from recent economic news.
May 1, 2025 10:01 AM
— Mortgage Rates
Mortgage rates fall for 2nd straight week, Freddie Mac says
Mortgage rates fell for the second week in a row, with the average rate on a 30-year fixed mortgage dropping to 6.76% from last week's 6.81%. The rates for the 15-year fixed mortgage also decreased slightly. There is a supply gap of 3.8 million homes in the market, causing affordability issues for potential homebuyers. Realtor.com CEO is hopeful that all moving parts of the economy will align to e... more
May 1, 2025 9:33 AM
— Mortgage Rates
Mortgage rates ticked down this week as the bond market stabilized from recent turbulence.
Mortgage rates fell this week as the bond market stabilized, with the average 30-year rate at 6.76% and 15-year rate at 5.92%. Treasury yields are also declining, influencing mortgage rates. The Federal Reserve is expected to keep interest rates unchanged next week. Current rates are still higher than earlier this year, impacting homebuying activity.
May 1, 2025 7:24 AM
— Mortgage Rates
Majority of rates decrease: Should you refi now? | Today's mortgage and refinance rates for May 1, 2025
Mortgage rates have mostly decreased compared to a week ago, with average rates for 30-year fixed, 15-year fixed, and jumbo mortgages declining, while rates for ARM loans increased. Existing-home sales dropped in March, but prices continued to rise year-over-year. The NAR Chief Economist highlighted high mortgage rates as a challenge affecting homebuying and selling, potentially impacting economic... more
Apr 30, 2025 1:50 PM
— Mortgage Rates
Another Small Victory For Mortgage Rates
Mortgage rates have been relatively stable and low in recent weeks, with minimal movement in rates on a day-to-day basis. The average top tier 30yr fixed rate is around 6.81%, with individual rates typically ranging between 6.625% and 6.875%. Home buyers should focus on the day-to-day changes in rates rather than the overall index value to understand how rates may impact their individual scenario.
Apr 30, 2025 8:50 AM
— Mortgage Rates
Mortgage demand drops to lowest in two months as would-be homebuyers wary of US economy
Despite stable mortgage rates, homebuyers are retreating due to concerns about the economy and labor market. Mortgage applications to purchase a home fell, with the slowest pace of activity since February. Elevated home prices and economic anxiety may be holding back buyers more than interest rates. The average contract interest rate for 30-year fixed-rate mortgages dipped slightly, but this has n... more
Apr 30, 2025 3:37 AM
— Mortgage Rates
Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market
Mortgage rates remained relatively stable last week, with the average rate for a 30-year fixed-rate mortgage decreasing slightly. However, homebuyers are pulling back due to concerns about the economy, leading to a 4% drop in mortgage applications for home purchases. Refinance applications also decreased, likely due to rates remaining around 7%. The impact of the broader economic uncertainty on th... 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.