Consumer News As Rates Fall, Mortgage Applications Are Surging

Mortgage rates finally moved lower last week, but that didn't do much for demand

Mortgage rates moved slightly lower last week after rising for much of the past month, but it wasn't a big enough move to impact mortgage demand. Read More

Mortgage apps, refi activity drop during holiday week

Mortgage applications decreased by 1.4% last week and refinance activity decreased across both conventional and government loans. Read More

Will home prices and mortgage rates go down next year? Your 2026 real estate forecast.

Real-estate platform Realtor.com expects the 30-year mortgage rate to average 6.3% over the course of 2026. Housing-finance giant Fannie Mae expects the 30-year rate to average around 6% through next ... Read More

Could mortgage interest rates fall before the Fed's October meeting? Here's what to consider.

For homebuyers and current owners looking to refinance, October 29 can't come fast enough. That's when the Federal Reserve is set to conclude its next two-day meeting and, with it, issue another ... 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

What will next Fed rate cut mean for mortgages, credit cards and car loans?

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ... Read More

Mortgage rates hit 2025 low point again, spurring fall housing activity

Mortgage rates have stabilized at 2025 lows, prompting increased housing market activity. Buyers are gaining confidence with more inventory and affordability. AI Summary Mortgage rates hit the 2025 ... 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 Fall to Yearly Lows. Can It Last?

Good news for consumers who have been waiting for mortgage rates to fall to enter the housing market: Interest rates have declined for the fourth consecutive week to the lowest levels in over a year. 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

Interest rates are falling. Here’s what that means for the local housing market

Andrew Gomez-Rivera said buying a home was almost too easy — that’s what made his experience abnormal. Gomez-Rivera, a 30-year-old Gainesville police officer, said he shopped for less than three ... Read More