Mortgage Rates Today: January 17, 2025—Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage point in the last week to 7.35%, according to Curinos. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.03 percentage point during the same period to 6.
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Will Mortgage Rates and Home Prices Finally Fall This Year? Some People Think Yes
Some U.S. consumers are optimistic about the housing market in 2025, believing there's a chance mortgage rates and home prices drop. But how likely is that to really happen?
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Mortgage rates have hit 7%. What should people searching for a home do?
Mortgage rates have hit 7%. Mark Hamrick, Washington bureau chief for Bankrate, talks about what this means for borrowers and how this will affect the housing market.
Average mortgage rate reaches 7% for first time since May
The strength of the U.S. economy helped push mortgage rates above 7% this week, dimming hopes that Long Island homebuyers will see housing affordability improve this year. The ave
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...
What the new inflation report means for mortgage rates
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
Rate on 30-year mortgage slips past 7%. Here’s what that does to your buying power.
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
Inflation Rises for the Third Straight Month in Troubling Sign for Mortgage Rates
Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency ...