US Mortgage Rates

SEC Sues Former Freddie Mac And Fannie Mae CEO's Over Subprime Loan Disclosures

30-Year Mortgage Rate Dips To Lowest Average Since 2023; Existing-Home Sales Rise

The average contract rate for a 30-year mortgage in the week ending Aug. 22 was 0.77% lower compared to the same week in 2023.

Should You Wait for Mortgage Rates To Fall Before Buying a Home? Here’s What Experts Say

Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand.

Mortgage Rates Affected By Latest Interest Rate Rise

US Mortgage Rates See Sharp Decline, Lowest Level Recorded in Over a Year

Mortgage rates on a 30-year loan dropped to 6.47% this week, falling from a peak of 7.22% in May this year.

Mortgage Applications Rise As Consumers Capitalize On Low Interest Rat

Here’s What Experts Say Could Happen to Mortgage Rates After the July Fed Meeting

The Federal Reserve has said it will cut benchmark rates if inflation falls to 2%. The Federal Reserve is set to meet this month to discuss whether inflation has gone down to its target level and whether it could cut its benchmark rate.

Here’s How a Fed Interest Rate Cut Will Affect Mortgages: Experts

The Fed could cut its benchmark rate this year if inflation drops to a target of 2%. The Federal Reserve could cut interest rates once this year, which could impact mortgage rates and make homes more affordable to hopeful buyers.

Average Mortgage Rate for 30-Year Loans Climbs to Just Under 7%, the First Increase Since May

The average contract rate on a 15-year mortgage also rose this week by 0.09%. The average contract rate for a 30-year mortgage climbed to just under 7% this week, the first time it increased since late May.

U.S. Mortgage Rates Hit 7 Percent, Highest In 20 Years

Home Buyers Now Need a $128,000 Down Payment To Afford the Mortgage Payment: Report

Monthly mortgage payments rose by 115% after home values rose by 45% since 2020. Hopeful buyers in the United States would now need to put a down payment of nearly $128,000 to afford monthly mortgage payments on a median-priced home.

Mortgage Rates Decline Significantly, but Homebuilding Still Down Due To Elevated Interest Rates

The contract rate for the 30-year mortgage averaged 6.87% in the week ending June 20. Mortgage rates have seen a significant decline this week, but some homeowners in the United States are still facing foreclosure.

US Home Prices on the Rise: Here's Where Houses Are the Priciest

Home Prices and Mortgage Rates May See Declines Soon, Experts Predict

Home prices in some metro areas have already begun declining as the supply of homes for sale surges.

Mortgage Rates Soar Past 7% Again: Freddie Mac

Mortgage rates climbed to 7.03% in the week ending May 30. The rate for the average 30-year fixed mortgage loan soared past 7% this week, marking an end to the recent declines.

The Role of Mortgage Lenders in the Homebuying Process

4 Things That Need To Happen for Mortgage Rates To Fall, According to Experts

Mortgage rates have remained elevated in recent weeks despite falling from a peak of 8% in October 2023.

Here’s What May Happen if Mortgage Rates Don’t Fall In 2024

Mortgage rates for the 30-year term were at 7.24% as of Monday. Mortgage rates remain elevated as inflation tops 3%, with the average 30-year mortgage rate now over 7%.

Mortgage Rates Drop After Climbing for Four Weeks, Demand Surges 11%

Mortgage rates for the 30-year fixed-rate loan fell 0.06 percentage points in the week ending March 7.

Mortgage Rates Edging Closer to 7%, the Highest Recorded Since December

Mortgage rates climbed for the fourth consecutive week in a row in the week ending February 29. Mortgage rates climbed for the fourth consecutive week in a row, jumping to the highest level recorded since December 2023.

Long Term Mortgage Rates Fall To Historic Lows

Mortgage Rates Climb for the Second Week, Home Prices Also Sees Increase

Mortgage rate for the 30-year fixed term climbed to 6.77% this week, up by 0.13 points from last week.

Mortgage Rates Climb To Highest Level in Six Weeks, Experts Remain Hopeful for Declines Through 2024

Mortgage rates for the 30-year term rose to 6.69% this week, up 0.09 points from the week prior. The average mortgage rate for the 30-year fixed term climbed higher this week, marking the highest level recorded in six weeks.

Shares Of Freddie Mac And Fannie Mae Continue Sharp Decline

Mortgage Rate May Drop Below 6% This Year: Fannie Mae

Mortgage rates for the 30-year fixed rate are expected to fall to 5.8% this year, a sharp revision from a previous forecast of 6.5% for late 2024.

US Real Estate: States See Bidding Wars Erupt as Mortgage Rates Continue To Fall

Home listings in some locations in the United States are seeing up to 30 offers, according to real estate agents.

Mortgage Rates Drop Again, Pending Home Sales Remain at 22-Year Low

Mortgage rates for the 30-year fixed term declined to 6.61% on Thursday from 6.67% a week prior. Mortgage rates slid again this week, marking the ninth consecutive week of decline after hitting 8% in October.

Mortgage Rates Dropped Under 7%, Lowest Level Recorded Since June

The 30-year fixed rate mortgage term fell to 6.67% in the week ending Dec. 21, the lowest level recorded since mortgage rates surged in June.

30-Year Mortgage Rate Drops To Lowest Level in 4 Months

Mortgage rates for the 30-year fixed term dropped to 6% after surging past 8% in October. Mortgage rates, especially for the 30-year fixed term, dropped to the lowest levels recorded since early August.