Mortgage News
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Showing 1585 - 1608 of 3027 results
Aug 21, 2025 5:23 AM
— Mortgage Rates
Average five-year mortgage drops below 5% to lowest level in two years
The average rate on a five-year fixed mortgage has dropped below 5% for the first time since May 2023, signaling a potential shift in market sentiment. The average two-year fixed rate mortgage has also decreased. Lenders are competing more aggressively and offering more residential mortgage products. However, due to the latest inflation reading, the chance of another base rate cut in 2025 is slim,... more
Aug 21, 2025 3:25 AM
— Housing Market
The S&P 500 Is Rising But Most Stocks Are Falling: What’s Going On?
The Nasdaq 100 stock index recently hit an all-time high, but the rally is being driven by a narrow group of stocks, particularly AI companies. This narrow breadth may indicate a flight to quality trade as investors become risk-averse. The heavy reliance on AI stocks in major indexes like the Nasdaq 100 poses a concentration risk for investors, who should stay disciplined, diversified, and conside... more
Aug 21, 2025 3:25 AM
— Housing Market
The 10 most affordable states for retirees in 2025
Bankrate's annual Best and Worst States to Retire Study named New Hampshire as the best state for retirees, but West Virginia was found to be the most affordable state. Affordability is a major concern for retirees due to fixed incomes, with states offering cheaper living costs being more attractive. West Virginia had the lowest cost of living and homeowner's insurance, making it appealing to reti... more
Aug 21, 2025 3:24 AM
— Mortgage Lenders
Trump calls on Fed's Cook to quit over mortgage probe
President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after accusations of lying on mortgage applications. This could potentially lead to a shake-up at the central bank and a new appointment for Trump. Home prices have risen at a slower pace, indicating concerns about the economy and mortgage rates. FHFA Director Bill Pulte alleges criminal offenses by Cook, causing st... more
Aug 21, 2025 3:23 AM
— Home Equity Rates
A quiet week: HELOC and home equity loan rates stay still — and low
Home equity rates remained unchanged in the latest week with the average rate on a $30,000 home equity line of credit (HELOC) and a 5-year $30,000 home equity loan staying the same. The rates are driven by lender competition and Federal Reserve actions. While rates have declined from highs in 2024, they are still relatively high-cost debt. The home equity market has been growing, with HELOC balanc... more
Aug 21, 2025 2:23 AM
— Mortgage Rates
NBC News
Housing freeze: High costs leave some buyers and current owners in the lurch
Changes to the central bank's key interest rate won't result in immediately lower home mortgage costs for consumers. New Home Construction.
.
2 hours ago
The U.S. housing market remains stagnant with high housing prices and mortgage interest rates. Experts believe that mortgage rates will only decrease significantly if the economy worsens. President Trump is urging the Federal Reserve to lower interest rates, but mortgage rates are more affected by investor demand for government bonds. Despite little change in the 10-year Treasury note yield and mo... more
Aug 20, 2025 1:24 PM
— Interest Rates
Almost No Reaction to Fed Minutes
The Fed Minutes indicated inflation risks outweighing employment risks, with many Fed members viewing tariff inflation risks as a process that could take months to unfold. Markets are still waiting for labor market data to deteriorate before expecting any major rate relief. Fed rate cuts in September are still likely despite some volatility in Fed Funds Futures mid-day.
Aug 20, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Barely Budge
Mortgage rates have remained stable for the past 11 business days, with slight increases over the past week. The average top tier 30yr fixed rate has gone up from 6.53% to 6.61% in the last week, resulting in a minor change for borrowers. Rates were slightly higher before the release of the minutes from the most recent Fed meeting, which did not reveal any major new information.
Aug 20, 2025 9:23 AM
— Mortgage Rates
Mortgage Applications Inconsequentially Lower vs Last Week
Mortgage application activity slightly declined last week, with a small increase in mortgage rates that remained near longer-term lows. VA applications fell while FHA refinance applications increased. The Refinance Index decreased slightly but was still higher compared to the previous year. Purchase Index remained flat and higher than last year. The refinance share of total mortgage applications d... more
Aug 20, 2025 9:23 AM
— Mortgage Lenders
Trump calls on Federal Reserve Governor Lisa Cook to resign after she was accused of mortgage fraud
President Trump called for Federal Reserve Governor Lisa Cook to resign after allegations of mortgage fraud were made against her by one of his administration's officials, Bill Pulte. Pulte claimed that Cook falsified bank and property records to obtain more favorable loan terms for her homes, designating them as primary residences. Trump also expressed a desire to cut interest rates and make chan... more
Aug 20, 2025 9:23 AM
— Interest Rates
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
President Trump called on Federal Reserve governor Lisa Cook to resign after allegations of committing mortgage fraud. The administration has accused Cook of claiming two homes as principal residences to obtain better mortgage lending terms. Trump has demanded lower interest rates from the Fed to reduce government borrowing costs and boost the housing market. The Fed declined to comment on the acc... more
Aug 20, 2025 8:24 AM
— Mortgage Finance
Fannie Economists Revise Interest Rate Outlook Upward
The article discusses various aspects related to mortgage finance publications such as design, content management systems, hosting, and web development.
Aug 20, 2025 8:23 AM
— Housing Market
Here's what's keeping home buyers on the sidelines even as mortgage rates hit a 10-month low
Lorene Cowan, 44, who lives in New York City, is having a difficult time buying a home due to soaring home prices. The median listing price for a home in NYC is now over $829,000, making it hard for first-time homebuyers to enter the market. Rising home prices, limited inventory, and higher mortgage rates have caused delays in millennials and Gen Z achieving homeownership. Many prospective buyers ... more
Aug 20, 2025 7:24 AM
— Bond Markets
FOMC Minutes: Ancient Time Capsule, Or...
The article discusses the limited impact that the FOMC Minutes may have on the bond market this week, as the Federal Reserve's transparency efforts have diminished the significance of the Minutes. It highlights that the Minutes will reflect discussions from a meeting prior to recent key economic reports, emphasizing that they may not provide new information. The main focus for potential market-mov... more
Aug 20, 2025 7:23 AM
— Interest Rates
Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
President Trump is pressuring the Fed to lower the base interest rate to help consumers financially and kickstart the housing market. Lower interest rates could benefit homeowners, relieve tension in the housing market, provide relief for financially vulnerable demographics, and potentially impact mortgage rates. However, the connection between borrowing costs and the short-term interest rate is c... more
Aug 20, 2025 6:23 AM
— Mortgage Rates
Bankrate
30-year mortgage rates fall: How long should buyers wait? | Today's mortgage and refinance rates, August 19, 2025
The current average rate for a 30-year fixed mortgage is 6.64, The average rate you'll pay for a 15-year fixed mortgage is 5.84 percent,...
.
3 days ago
Mortgage rates were mostly lower compared to a week ago, with the average rates for 30-year fixed, 15-year fixed, and 5/1 ARM receding. Factors influencing the shifts in rates include economic movements like inflation rate being higher than the Federal Reserve's target, disappointing July employment figures, and recent economic data showing signs of cooling. Treasury yields are easing, demand for ... more
Aug 20, 2025 6:23 AM
— Interest Rates
Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates
President Trump criticized Federal Reserve Chair Jerome Powell for not cutting interest rates, claiming it was hurting the housing industry. He also attacked Federal Reserve Governor Lisa Cook over alleged mortgage fraud. Meanwhile, inflation increased in July, potentially impacting the Federal Reserve's decision-making process regarding interest rates. The Bureau of Labor Statistics reported an i... more
Aug 20, 2025 4:23 AM
— Mortgage Rates
Weekly mortgage demand stalls again with just miniscule increase in interest rates
After a surge in refinance demand the previous week due to a drop in mortgage rates, both refinance and homebuyer mortgage application volume stalled the following week. Mortgage rates increased slightly, leading to a 1.4% drop in total application volume. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased slightly. Refinance applications fe... more
Aug 20, 2025 3:24 AM
— Personal Finance Management
Survey: Nearly 3 In 4 Americans Have A Financial Regret
Americans are navigating economic hurdles, with 74% having a financial regret, down from 77% in 2024. Top regrets include not saving for retirement early enough and taking on too much credit card debt. Gen Zers struggle with budgeting and emergency savings. Women more likely to regret not saving for emergencies. Job opportunities, job security, lower rent, and cheaper essentials are factors that c... more
Aug 20, 2025 3:23 AM
— Mortgage Rates
Mortgage and refinance interest rates today, August 20, 2025: A minor move higher
The article provides current mortgage rates, explanations of fixed-rate and adjustable-rate mortgages, as well as tips for securing a low mortgage refinance rate.
Aug 20, 2025 1:23 AM
— Mortgage Lenders
Mortgage rate 'buydowns' kept home prices high and are coming back to bite buyers
The article discusses a special introductory offer for a subscription service that provides unlimited access to various features. The subscription renews every 4 weeks at $12.95 or annually at $149, with subscribers getting access to ad-free content.
Aug 19, 2025 2:25 PM
— Bond Markets
Slow, Steady, Modest Improvement
Bonds are experiencing low activity and minimal movement, with prices and yields drifting sideways. However, there was some improvement in yields and MBS, and motivations for trading remain low. The upcoming Fed Minutes and Powell's speech at Jackson Hole are not expected to have a significant impact.
Aug 19, 2025 12:24 PM
— Housing Market
Incentives Rise as Builder Confidence Matches 2022 Low
Builder sentiment remains low with the NAHB/Wells Fargo HMI dipping to 32 in August, marking the 16th consecutive month below 50. High mortgage rates, elevated new-home prices, and affordability issues are major factors. Builders are offering price cuts and sales incentives to attract buyers, especially in high-cost markets like the West.
Aug 19, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Little Changed From Monday
Mortgage rates have been relatively stable recently, staying within a narrow range following the August 1st jobs report. The 10yr Treasury yields have risen back up to 4.30%, while mortgage rates are at 6.59%. There have been no significant changes in rates this week so far, with no major economic events scheduled to influence movement until Friday.
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 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.