Consumer News Mortgage Rates Are Falling You Can Thank The Weak Jobs Report

Mortgage rates fell again this week

Mortgage rates have declined for the second straight week, with the 30-year fixed-rate mortgage averaging 6.27% (down from 6.30%) and the 15-year fixed-rate mortgage averaging 5.52% (down from 5.53%), ... Read More

What homebuyers can expect now that mortgage rates are falling, according to experts

Before the September Federal Reserve rate cut was even official, mortgage rates began to fall in anticipation, and, as a result, recently hit a three-year low. Some slight upticks followed before ... Read More

Weekly mortgage rates fall as hiring stalls

Mortgage rates fell for the third week in a row on signs that businesses are reluctant to hire. The average rate on a 30-year fixed-rate mortgage fell 14 basis points to 6.11% APR in the week ending ... Read More

Falling Mortgage Rates Spur Refinance Boom – Is It Time to Refi?

The average 30-year fixed mortgage rate fell to 6.44% this week, down from 6.53% the week before, according to U.S. News data. Mortgage rates are now at their lowest levels in 2025, which may give ... Read More

Mortgage rates hit one-year low: 30-Year mortgage rate falls to 6.19% - should you buy a home now?

Mortgage rates fall: Americans struggling with high borrowing costs may finally be getting some relief as the average rate for a 30-year fixed mortgage fell to 6.19% for the week ending October 23, ... Read More

Does the mortgage refinancing 1% rule still apply this fall? Here's what some experts think.

Mortgage rates have dropped quite a bit since their 7% peak at the start of the year, and if analyst predictions are correct, they may continue falling over the next couple of months as the Federal ... Read More

Plunging mortgage rates drive a jump in refinancing. Here's how to know if you should too.

Mortgage rates plummeted to the lowest level in over a year ahead of an anticipated interest-rate cut by the Federal Reserve. Homeowners and home buyers are rushing to seize the moment. The 30-year ... Read More

Jobs report may be the last for a while: What this means for mortgage borrowers

Because of the government shutdown, which started at midnight on Oct. 1, the Bureau of Labor Statistics jobs report, a key indicator for the Fed and other analysts, wasn't published in early October. Read More