Consumer News Mortgage Rates Level Off Below 7

Mortgage rates are the lowest in a year. Should you refinance?

Average weekly mortgage rates are below 6.2%, and they could drift even lower if the Federal Reserve keeps trimming its benchmark interest rate. 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

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

Lower mortgage rates are here, thanks to Wall Street bond investors

Mortgage rates have come down significantly over the past several weeks as bond investors become comfortable with economic conditions. Read More

Mortgage Rates Inch Toward 6% as Fed Weighs October Cut

Mortgage rates continue ... by the latest Consumer Price Index, one of the very few economic indicators we’ve gotten during the government shutdown. Released on Oct. 24, it showed inflation at 3% over ... Read More

Survey: Homebuyers Pin Refinance Hopes on Fed Rate Cuts

Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back record-low mortgage rates. Mortgage rates have been prohibitively high for ... Read More

Mortgage rates reversed course this week, giving buyers a break

Mortgage rates dipped slightly this week after two consecutive increases — the 30-year fixed-rate mortgage averaged 6.30%, down from 6.34% last week, marking one of the lowest levels in about a year. Read More

Mortgage Rates Continue Holding Narrow Range

Mortgage rates were just barely lower this morning versus yesterday's latest levels, but most borrowers won't see any major difference from any of the past 7 business days. Additionally, some lenders ... Read More