Mortgage rates aren't likely to fall any time soon — here’s why
Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.
Should I Lock My Mortgage Rate Today?
The timing of your rate lock could save or cost you thousands of dollars. If you're in a bidding war or hoping to close quickly, you probably want to lock the rate.
Today's Mortgage Rates | Trump Tariffs Could Keep Rates Elevated
These are today's mortgage and refinance rates. Mortgage rates have been holding steady, and they might not drop as much as expected this year.
2025 Mortgage Rate Forecast: What Another Trump Presidency Means for Rates
During his campaign, Trump repeatedly claimed that mortgage rates will return to lows of around 3% (rates are more than double that today), yet experts say that the president is n
Mortgage Rates Today: January 22, 2025 – Rates Move Down
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.97%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 6.01%. On a 30-year jumbo mortgage, the average rate is 7.
Mortgage rates retreat, still above 7%
Mortgage rates declined this week, with the 30-year fixed rate averaging 7.06 percent, according to Bankrate’s latest lender survey. Still, since the Federal Reserve began cutting interest rates in September,
Mortgage Applications Hold Steady as Rates Remain Around 7%
Mortgage applications were little changed last week as 30-year fixed interest rates remained around 7%, the Mortgage Bankers Association said Wednesday. The market composite index, which measures loan application volume,
Homes sales stall as 7% mortgage rates return
Mortgage rates are back above 7%, and that’s slowing an already sluggish housing market with potential buyers choosing to wait on the sidelines to start the year. Home sales have stalled in January, down 10% in the most recent week compared to a year ago,
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
Today's Mortgage Rates | Rates May Not Drop Much in the Next Two Years, Fannie Mae Says
These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to ...
Trump has vowed lower housing prices. Mortgage rates stand in the way.
A perception that Trump may be softer than expected on tariffs pushed the average 30-year mortgage rate down to 6.96% on Jan. 23, the first decline in six weeks, according to data released by Freddie ...
Drop in 30-Year Mortgage Rates Extends to a Third Day
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last ...
If Your House Burned Down in the L.A. Wildfires, Do You Still Have to Pay Your Mortgage?
"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...
Q1 2025 mortgage rates: 30-year fixed loans to average 6.7%
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
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Fannie Mae is offering mortgage assistance to Southern California fire victims
Fires are still burning in Southern California, threatening and destroying homes in their paths. The latest outbreak has ...
What Is a Mortgage Acceleration Clause?
An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Gov. Gavin Newsom announces mortgage relief commitments from major lenders to help wildfire survivors
California Gov. Gavin Newsom announced commitments from five major financial institutions that will offer mortgage relief for ...