Consumer News Mortgage Rates Level Off Below 7

Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week. Read More

Mortgage rates are at their lowest level since Sept. 2024. Here’s one thing that might inspire lenders to ‘begin offering rates that start with a 5’

Mortgage rates have been dropping since June and are now at their lowest levels since September 2024, according to data from Freddie Mac. ( You can see some of the lowest mortgage rates you can get ... Read More

As mortgage rates hit their lowest levels in over a year, we asked 5 pros how much lower rates really matter

Financial advisers and mortgage pros on what homebuyers and homeowners should consider beyond just mortgage rates ... Read More

Mortgage rates edge higher after hitting a 12-month low

The 30-year fixed mortgage rose to 6.22%, up five basis points from last week, while the 15-year rate increased to 5.50%. Mortgage rates are tracking the ... 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 Rise Gently, But Still Well Below This Week's Highs

Wednesday's mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months.  This followed stronger economic data on that same morning. Rates moved back down ... Read More

What are the monthly payments on a $700,000 mortgage after the October Fed rate cut?

30-year refinance at 6.46%: The monthly payment at today's average rate would come in at $4,406.08. This option offers a more manageable monthly obligation while still delivering meaningful savings ... Read More

What's the mortgage interest rate forecast for October 2025?

Mortgage interest rates plunged to a three-year low last month, right before the Federal Reserve's long-awaited rate cut. In recent weeks, however, they have begun to tick up slightly, coming in at ... Read More

Mortgage rates fall again, reaching lowest level in a year

The 30-year fixed mortgages in this week’s survey had an average total of 0.34 discount and origination points. Discount points are a way to lower your mortgage rate, while origination points are fees ... Read More

5 Debt and Housing Metrics Investors Should Consider Before Buying S&P 500 Stocks at All-Time Highs

Credit card debt and mortgage rates are elevated. High interest rates and home prices have made housing unaffordable for average Americans, leading to a slowdown in existing home sales. Consumer ... Read More