And about 90% of mortgage holders had a rate that was less than 6%; some 80% with a rate less than 5%; and almost a third had a rate less than 3%, meaning refi opportunities would be hard to come by.

Average 30-year mortgage rates were around 6.71% in April, an increase from the previous month. Rates are expected to ease a bit this year. But with so much uncertainty in the economy, that ...

California’s growing wildfire risk is affecting the state’s mortgage market, a new study has found, with brick-and-mortar banks approving fewer home loans in risky areas — while their online ...

The reverse mortgage business is humming — but not booming — along so far this year. March 18, 2025, 6:11pm by Chris Clow. News > Reverse.

Forbes contributors publish independent expert analyses and insights. Roger Valdez writes about housing economics and policy. Like other aspects of the housing discourse in the United States today ...

WASHINGTON — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated. The long-term rate dipped to 6. ...

Business Insider's personal finance team compared LoanDepot to the best mortgage lenders and found its offerings to be fairly standard. LoanDepot earns a 3.79 out of 5-star rating from Business ...

Mortgage rates fell for a sixth week in a row to the lowest level in more than two months, Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage is 6.76%.

Mortgage rates barely budged last week, but homebuyers may be inching back to the market despite strong spring headwinds. Refinance demand was weaker, however, pushing total application volume ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT ...

WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated.

California’s growing wildfire risk is affecting the state’s mortgage market, a new study has found, with brick-and-mortar banks approving fewer home loans in risky areas — while their online ...