News

High Mortgage Rates Are Not Killing the Dream of Homeownership for One Generation
Many Americans have postponed homeownership and are waiting for mortgage rates to fall. But millennials have shown an ...
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Mortgage rates jumped slightly but remain under 7%
The 30-year fixed-rate mortgage (FRM) averaged 6.89% as of May 29, 2025, up from last week when it averaged 6.86%. According ...
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage applications to purchase homes climbed 2% compared with the previous week and were 18% percent higher than the same ...
Mortgage Applications Fall for the Second Week in a Row as Higher Rates Weigh on Demand
Mortgage applications declined for the second consecutive week, as higher mortgage rates weighed on buyer demand.
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
Homeowners eager to sell may have to wait a while before a buyer comes along. As of April, the U.S. housing market had nearly ...
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Compare Today’s Mortgage Refinance Rates
Commissions do not affect our editors' opinions or evaluations. Here are the average annual percentage rates (APR) on mortgage refinance loans: The average APR for a 30-year fixed refinance loan ...
When refinancing still makes sense despite high mortgage rates
The amount of mortgage refinances has drastically slowed since the low rates of 2020 through 2022. The 30-year mortgage rate ...
One Bright Spot If a Recession Hits? It Might Be Mortgage Rates
If a recession hits, mortgage rates could drop, offering rare opportunities to buy or refinance at lower costs. Here’s how to ...