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The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Current mortgage rates are down, but higher than they were seven days ago. Rates are lower than they were in early 2025, when ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
Mortgage application volume tumbled last week as rising interest rates — nudged higher by fresh tariff concerns — put the ...
We talked to three mortgage loan officers to get their takes on what could impact rates this fall. Below, we gathered what they had to say and what it could mean for your homebuying plans.
6 things that impact mortgage interest rates ... Conversely, when yields rise — typically due to investor optimism about the economy — mortgage rates tend to rise as well.
Since mortgage rates are highly sensitive to fiscal policy and supply chain shocks, a global trade war could impact their ...
Mortgage rates appear to have plateaued after several weeks of steady downward movement. On Tuesday, 30-year conforming rates were at 6.79% and 15-year conforming rates were at 6.58%, according to ...
Happily, the answer is yes: the 2024 election will impact mortgage rates, though not immediately. That’s because mortgage rates are influenced more by macroeconomic factors than political factors.
Before the uptick, the rates remained flat at 3.55% for three weeks, reflecting the impact of the Omicron variant in the economy. A year ago, the 30-year fixed-rate mortgage averaged 2.73%.
30yr fixed rates are still in the 7% range, but if the week's remaining economic data were to be as downbeat as JOLTS, that could change. Just be aware that surprises can occur in either direction ...