Press Release Mortgage Rates Drop

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

There's a good chance that mortgage interest rates could fall again, before the Fed's October meeting. Here's why. Read More

Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025

The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest level this year. Read More

Mortgage Rates Drop

MCLEAN, Va., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) ... Read More

Mortgage rates move lower, driven by shutdown uncertainties

Observers believe the government shutdown and lack of data is keeping mortgage rates in the same narrow range, as investors have issues reading the tea leaves. Read More

Here's what mortgage interest rates could look like by the end of 2025

After years of elevated borrowing costs, mortgage rates have finally started moving lower — and the change is already rippling through the housing market. The average 30-year fixed-rate mortgage loan ... Read More

With Mortgage Rates Declining, Homebuyers Must Decide: Buy Now With Little Competition, Or Bet on Rates Falling More?

Redfin reports pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop substantially more. But if that were to happen, sellers would regain the upper hand ... 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% on Friday. This is a major change from May, when the rate on the 30-year fixed peaked at 7.08%. Homebuilder stocks ... Read More

Mortgage Rates Were Flat All Week No Matter What Other News Suggests

The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker bonds equate to higher rates, all else equal. "Higher rates" is contrary to many ... Read More

Weekly Mortgage Rates Drop on Squirrelly Jobs Data

The average rate on a 30-year fixed-rate mortgage fell nine basis points to 6.25% APR in the week ending Oct. 9, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth ... Read More

Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages

Mortgage rates have already edged down some to around 6.35% as of Sept. 11 from around 7% in January. Many consumers have been on the sidelines lately waiting for interest rates to drop before buying ... Read More

Mortgage applications explode as interest rates drop

The biggest news is not that the Fed cut short-term rates by one-quarter percent earlier this week with more to come, but that mortgage applications exploded, increasing nearly 30% compared with one ... Read More