Homeowners who bought homes in recent years, betting on being able to refinance for a lower mortgage rate, didn't win big.

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The daily average mortgage rate dropped to 6.57% on August 4th – the lowest level in 10 months. That’s down from a peak of ...

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By Vicky Ge Huang President Trump intends to nominate Stephen Miran, the head of the White House Council of Economic Advisers, to the Federal Reserve's Board of Governors on a short-term basis.

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As of August 7, 2025, the 30-year fixed-rate mortgage (FRM) dropped to 6.63%, its lowest level since April, down from 6.72% ...

As of August 8, 2025, mortgage rates have ticked slightly upward, with the 30-year fixed rate now averaging 6.375%, and the ...

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The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs.

Whether you're a first-time buyer, a move-up homeowner, or just mortgage-curious, here's what’s happening in today’s market.