Consumer News Mortgage Rates Level Off Below 7
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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 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 inch up but stay below 7% mark
Mortgage rates inched up this week but stayed within a narrow range under 7%, according to the latest Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.75% as of July 17, up ... 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 spreads hit lowest level in years, keeping rates near 6%
Mortgage spreads just hit my target rate for 2025, but they could get even better, lowering mortgage rates even more. 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
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
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
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