News

High rates have crimped buying power for potential homebuyers, but there are clearer signs now that relief is on the way. “Last year, we hit 8% on the 30-year in the fall, and that really put a ...
Mortgage interest rates are consistently declining again. Here are three things homebuyers should do in response.
If you’ve been hoping mortgage rates might return to their pandemic-era lows, Fannie Mae’s latest forecast may be a reality ...
For anyone planning to buy or remortgage in the coming months, it’s what Stimson described as "an uncomfortable reality check." Stimson explained that "when it comes to interest rates, inflation ...
If you're looking to lower your interest rate or pay off your home faster, a 15-year mortgage refinance could be a good option. Here are the current rates.
Fed rate cuts are still on the table this year, but stronger-than-expected job data will keep policymakers on hold this month ...
As a reality check, here is the truth behind several myths about how a Fed rate cut is likely to impact mortgage rates and the housing market. READ: Compare Current Mortgage Rates ...
We’re close to a 6% mortgage rate reality, but it isn’t enough to jump-start the housing market. Alena Botros. Updated January 9, 2025 at 11:17 AM. Copied; Checking mortgage rates.
Mortgage rates have dipped to their lowest point since May 2023, averaging 6.59 percent according to a Bankrate survey. When rates are down, this opens new opportunities not just for new ...
So, sorry Uncle Dave, but it looks like the housing crash of 2008 is unlikely to happen again, especially with the qualified mortgage law keeping things in check. It’s a different landscape now.
The rate on a 30-year fixed refinance increased to 6.88% today, according to the Mortgage Research Center. Rates averaged 5.81% for a 15-year financed mortgage and 6.69% for a 20-year financed ...
So in 2025, expect modest declines in rates for mortgages, auto loans and credit cards, according to Bankrate’s chief financial analyst Greg McBride. ... That’s the reality check.