Mortgage rates drop further as the odds of a Fed cut rises

The 30-year fixed rate mortgage had its largest decline in a year as it is universally anticipated the Federal Open Market Committee will cut short-term rates. Read More

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. Read More

Mortgage Interest Rates Today: Mortgage Rates Drop to Their Lowest in 10 Months—Giving Hope to Homebuyers

Mortgage rates fell to a 10-month low on Thursday, extending last week's decline and offering further relief to homebuyers—but remained in the high 6% range after a mixed inflation report. The average ... Read More

Even A Small Drop in Mortgage Rates Could Mean Relief for Homeowners, Report Says

A modest drop in mortgage rates could make refinancing possible for millions of homeowners, a recent report found. Read More

'No One Has a Crystal Ball': Will Mortgage Rates Drop Below 6% Again? Here's When Experts Say It Could Happen.

The average 30-year fixed mortgage rate is around 6.5% at press time, and June existing home sales fell to a nine-month low. In fact, one in seven potential deals fell through that month, according to ... Read More

Weak jobs data boosts odds of mortgage rate drop

Overall employment numbers fell below what the market anticipated, with 73,000 July job additions compared to estimates for 104,000, making it more likely that a mortgage rate drop is nigh and that ... Read More