Economy News Mortgage Rates Inch Up To Highest Level Since Early May, Even As U S Economy Slows
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Average long-term US mortgage rate dips to 6.17%, its lowest level in more than a year
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year ... Read More
Mortgage rates fall for fourth consecutive week, lowest level in over a year
The average rate on the 30-year fixed mortgage fell this week to 6.17%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.19%. Read More
Mortgage rates jump 20 basis points following Fed cut
Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from the chairman on future cuts. Read More
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Mortgage rates jump after Fed Chair Powell says a December rate cut's uncertain. Will they drop again and what this could mean for the housing market. Read More
Mortgage rates fall to lowest level of 2025

“At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower,” Sam Khater, Freddie Mac’s chief economist, said in a statement. Read More
Lower mortgage rates spark surge in home sales, highest pace seen in seven months
Existing home sales increased 1.5% in September compared to the month prior, the Association of Realtors said. It was a 4.1% increase compared to last September and the highest pace in ... Read More
Average long-term US mortgage rate eases to 6.3%, back to its lowest level in about a year

The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage ... Read More
‘Help With Mortgage’ Searches Are Highest Since Housing Market Crash
Google searches for “help with mortgage” have surged to levels unseen since 2009, sparking concerns of a new foreclosure crisis. Read More
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
The average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year ... Read More
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