Economy News Mortgage Rates Inch Up To Highest Level Since Early May, Even As U S Economy Slows
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The Fed may cut interest rates next week. Here's what happened to mortgage rates the last two times it did that
With another Fed rate cut looming, it helps to know the recent history behind rate cuts and mortgage rate reactions. Read More
Mortgage rates today: December 5, 2025 – 30-year and 15-year rates move up
Currently, the average interest rate on a 30-year fixed mortgage is 6.36%, compared to 6.23% a week ago, according to the Mortgage Research Center. For borrowers who want to pay off their home faster, ... Read More
U.S. mortgage applications surge to highest level in two years as home sales pick up
U.S. mortgage applications to buy a home surged last week to the highest level since early 2023, despite still-elevated borrowing costs. Read More
Average US long-term mortgage rate falls to 6.19%, near its low for the year
The decline brings the average long-term mortgage rate to 6.19% from 6.23% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.69%. Read More
Mortgage Rates Just Hit a 14-Month Low—Should You Lock In Now or Wait for the Fed?

Mortgage rates have fallen to almost their lowest level in over a year, but there’s no guarantee that they’ll keep falling after the Fed’s expected rate cut next week. If you’re financially ready, ... Read More
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year

The average 30-year mortgage rate fell to 6.19% from 6.27% last week. Rates are now at their lowest point since October 2024. A year ago, the average long-term rate was 6.54%. Mortgage rates are ... Read More
Why Mortgage Rates Might Not Keep Going Down

Mortgage rates have fallen modestly from their peak above 7% in January. Analysts expect mortgage rates to hold around 6% in 2026, even as the Fed cuts short-term interest rates. Mortgage rates ... Read More
Weekly Mortgage Rates Inch Up, Jobs Data Trickles In

The average rate on a 30-year fixed-rate mortgage rose nine basis points to 6.23% APR in the week ending Nov. 20, according to rates provided to NerdWallet by Zillow. A basis point is one ... Read More
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