Consumer News Mortgage Rates Fell Again This Week

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, marki ... Read More

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

Homebuyers could face increased competition and potentially higher home prices as mortgage rates fall. Here's why. Read More

Mortgage rates fall for first time in 3 weeks

The average rate on the 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.34%. Read More

Mortgage rates aren’t budging during the shutdown. How long will it last?

Mortgage rates remain stable despite the government shutdown. Discover how this affects the housing market and future rate expectations. Read More

When Will Mortgage Rates Go Down? The Answer's Not As Simple As You Think

Predicting future mortgage rates trends is a difficult task for economists, especially when U.S. fiscal policy remains unpredictable. Read More

Mortgage refinance demand plunges 21%, as interest rates hit 3-week high

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.46% from 6.34% Applications to refinance a home loan fell 21% for ... Read More

Average long-term US mortgage rate ticks up for second straight week, to 6.34%

The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to the lowest level in nearly a year. Read More

Mortgage rates move closer to 6% — and the forecast is getting sunnier

Mortgage rates for 30-year conforming loans have fallen to 6.33%, with jumbo and FHA loans also seeing declines. Fannie Mae forecasts rates to reach 5.9% by the end of 2026, while the Fed is expected ... Read More

Mortgage rate pros and cons to know this October

Mortgage interest rates plunged to their lowest level in three years in September, and while they've ticked up slightly since the middle of the month, they now enter October at a significantly lower ... Read More

Mortgage rates are as low as they’ve been for years

(WHTM) — Last week’s Fed rate cut has home buyers and home sellers getting excited. Mortgage rates are now at a two-year low and could soon go even lower. The last couple of years have been brutal for ... Read More