Today's Mortgage Rates | Why Are Rates So Stubbornly High?
These are today's mortgage and refinance rates. Mortgage rates went up in October and have remain elevated so far this month. But they could ease in 2025.
Mortgage Rates Today, Nov. 15: Median Rate Falls to 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Best Mortgage Rates by State
The best mortgage rates by state will vary based on your location. Compare mortgage rates and lenders to lock in the best mortgage rate before buying your new home.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
Mortgage costs rise despite interest rate cut
Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest rates. A string of lenders, including Barclays, HSBC, NatWest and Nationwide, have increased the rates charged on new fixed deals in recent days.
Mortgage Rates Aren’t Moving in the Same Direction as the Federal Funds Rate—Here’s Why
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year Treasury yield, which is at its highest level in three months.
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response to declining price pressures and signs of a weaker labor market. The Fed slashed its benchmark rate by 0.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
Today's Mortgage Rates | What if the Fed Doesn't Cut Rates in December?
These are today's mortgage and refinance rates. If the Fed ends up keeping rates steady next month, we could see mortgage rates tick up slightly.
Mortgage Rates Fall to 6.78% Amid Postelection 'Rate Volatility'
Mortgage rates ticked down from 6.79% last week to 6.78% for a 30-year fixed home loan for the week ending Nov. 14, according to Freddie Mac. "After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,
Mortgage rates fell, then rose. What comes next?
Market-based rates such as mortgages tend to move in anticipation of future Fed policy — not the policy at the moment when the cuts happen.
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.25%
Thinking about taking out a mortgage loan? Current mortgage rates rise to 6.99% for 30-year terms, while 15-year terms ...
What Does the Fed Rate Cut Mean for Home Prices?
Cutting the federal funds rate is never a guarantee that mortgage rates will fall, since the two are not directly connected.
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
Kent, the mortgage banker, noted that Fed rate cuts have more impact on credit cards, car loans, and other short-term ...
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
What Happens If Your Mortgage Renewal Is Denied?
Approximately 3% of mortgage renewals are denied. Forbes Advisor Canada explains the most common reasons why and what to do ...
Current Adjustable-Rate Mortgage (ARM) Rates
Adjustable-Rate Mortgage Trends The Federal Open Market Committee’s (FOMC) series of rate hikes throughout 2022 and 2023 have ...
I’ve just been offered a juicy deal to refinance my $580K fixed-rate mortgage at a very low rate — should I jump on it ASAP?
There are great opportunities for refinancing right now, but interest rates are likely to fall further so you may not want to ...