News

A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, barely down from 6.75% last week.
Some Fed watchers are looking at the September FOMC meeting for the next rate cut, pending the outcome of tariff inflation ...
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.73%, up 0.76% from the previous week, according to the ...
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
Weekly mortgage rates continued to simmer last week, as markets wait in suspense ahead of the White House’s August 1 tariff ...
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.
The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...
President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...
Mortgages with 10-year terms typically offer some of the lowest interest rates available to homeowners. Loans with longer terms—such as 15- and 30-year mortgages—generally have higher rates.
Many buyers are drawn to the 15-year fixed-rate mortgage for its predictable payments and lower interest rates, which can lead to big savings compared to longer-term loans.