Mortgage rates drop for the 4th straight week. What it means for you.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, rose this week.
Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway.
Mortgage rates hit a two-month low, but inflation suggests it won't last long
Rates for home loans fell for the fourth straight week, even as the specter of higher borrowing costs looms ahead.
‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in February. The core inflation rate should decline further, giving bond yields and mortgage rates room to fall, but not by a lot,” says Lewis.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts.
30-year mortgage rate hits 2025 low at 6.87%
MCLEAN, Va. - Freddie Mac (OTC:FMCC), a prominent financial services player with a market capitalization of $20.62 billion and strong revenue growth of 12.28% over the last twelve months, reported on Monday that the 30-year fixed-rate mortgage (FRM) has dropped to 6.
Mortgage rates hit their lowest level in 2025 — and this is the No. 1 mortgage company of February 2025
Mortgage rates edged slightly lower in the weeks following the Federal Reserve’s latest decision to pause rate cuts this month. “The 30-year fixed-rate mortgage continued to i
Rising Inflation Shoves Mortgage Rates Higher
Mortgage rates went up this week because of an unexpected resurgence of inflation.The average rate on the 30-year fixed-rate mortgage rose three basis points, to 6.84%, in the week ending
Mortgage Rates Jump Higher Across Almost Every Loan Type
Wednesday, pushing the average to a two-week high. Rates moved higher for almost every other loan type as well.
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2024 new home sales hit their highest pace in three years. Does that mean lower home prices are around the corner?
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When Will Mortgage Rates Go Down? Forecast for Rest of 2025
Analysts revised their expectations for 2025 and 2026 to include higher mortgage rates, delivering bad news to aspiring homebuyers.
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Mortgage rates aren’t the only obstacle faced by homebuyers
Mortgage rate headwinds include higher home prices, a lack of listings to choose from and the prospect of higher inflation ...
Des Moines home sales increase for the first time in 3 years. Will the momentum continue?
Mortgage rates have remained high, even after the Federal Reserve lowered its benchmark interest rate. But slipping metro ...
SFGate12d
Pending Homes Sales Plunge After 4 Months of Increases
The housing market took a dramatic shift to round out 2024 as pending home sales decreased to 5.5% in December. “Buyers ...
First Commonwealth taps insider to helm mortgage business
First Commonwealth's new mortgage banking leader built a career in the sector after two years in Major League Baseball.