Mortgage Rates for October 2, 2024
Mortgage rates have fallen below 6.5% since September 11, driven by slower inflation and weaker job numbers. With these economic...
Latest Mortgage Rate Articles
Mortgage Rates on October 1, 2024
Mortgage rates have continued to fall, dropping below 6.5% as of September 11. The decrease is primarily driven by slower...
Mortage Rates for September 30, 2024
Mortgage rates have declined, dropping below 6.5 percent as of September 11. This decrease is primarily due to slower inflation...
Mortgage Rates for September 24, 2024
Mortgage rates have continued to decline in September, falling below 6.5 percent as of September 11. Slower inflation and weaker...
Mortgage Rates for September 23, 2024
Mortgage rates continued to fall in early September, dipping below 6.5% as of Sept. 11. Slower inflation and weaker job...
Mortgage Rates for September 12, 2024
Mortgage rates dropped in August after a weaker jobs report shook investor confidence, fueling expectations for a Federal Reserve rate...
Mortgage Rates for September 11, 2024
Mortgage rates dropped in August after a weaker-than-expected jobs report raised investor concerns, fueling expectations for a Federal Reserve rate...
Mortgage Rates for September 10, 2024
Mortgage rates dropped in August following a weaker jobs report, prompting investors to expect a Federal Reserve rate cut in...
Mortgage Rates for September 9, 2024
In August, mortgage rates dropped after a weaker jobs report unsettled investors, heightening expectations for a Federal Reserve rate cut...
Mortgage Rates for September 6, 2024
In August, mortgage rates dropped following a weaker-than-expected jobs report that raised investor concerns and reinforced expectations of a Federal...
Mortgage Rates for September 5, 2024
In August, mortgage rates dropped after a weak jobs report sparked expectations of a Federal Reserve rate cut in September....
Mortgage Rates for September 4, 2024
In August, mortgage rates fell after a weak jobs report raised expectations of a Federal Reserve rate cut in September....
Mortgage Rates for September 3, 2024
In August, mortgage rates dropped following a weaker jobs report that raised expectations of a Federal Reserve rate cut in...
Mortgage Rates for August 30, 2024
Mortgage rates dropped in August due to a weaker jobs report that heightened expectations for a Federal Reserve rate cut...
Mortgage Rates for August 29, 2024
Mortgage rates dropped in August following a weaker jobs report that unsettled investors, raising expectations for a Federal Reserve rate...
Mortgage Rates for August 28, 2024
In August, mortgage rates dropped significantly, triggered by a disappointing jobs report that shook investor confidence and heightened expectations for...
Mortgage Rates for August 27, 2024
Mortgage rates declined in August following a disappointing jobs report that rattled investors and heightened anticipation of a potential Federal...
Mortgage Rates for August 26, 2024
In August, mortgage rates dropped following a weaker jobs report that unsettled investors and bolstered expectations for a Federal Reserve...
Mortgage Rates for August 23, 2024
In July, the average 30-year fixed mortgage rate fell below 7 percent for the first time in months, following a...
Mortgage Rates for August 22, 2024
In July, the average rate on a 30-year fixed mortgage dipped below 7 percent for the first time since February,...
Mortgage Rates for August 21, 2024
In July, the average rate on a 30-year fixed mortgage dipped below 7 percent for the first time since February,...
Mortgage Rates for August 20, 2024
In mid-July, 30-year fixed mortgage rates dipped below 7 percent following favorable inflation data from June. Although inflation has remained...
Mortgage Rates for August 19, 2024
In July, the average 30-year fixed mortgage rate dropped below 7 percent for the first time in months, following an...
Mortgage Rates for August 9, 2024
In July, the average rate on a 30-year fixed mortgage dropped below 7% for the first time since February, largely...
Mortgage Rates for August 8, 2024
The average 30-year fixed mortgage rate fell below 7 percent in July for the first time in months, thanks to...
Mortgage Rates for August 7, 2024
In July, the average rate on a 30-year fixed mortgage fell below 7 percent for the first time since February,...
Mortgage Rates for August 6, 2024
In July, the average rate on a 30-year fixed mortgage dipped below 7 percent for the first time since February,...
Mortgage rates for August 5, 2024
The average rate on a 30-year fixed mortgage dropped below 7 percent in July, the first time since February, driven...
Mortgage Rates for August 2, 2024
The average rate on a 30-year fixed mortgage dropped below 7 percent in mid-July due to improved inflation numbers in...
Mortgage Rates for August 1, 2024
The Fed’s July statement suggests a higher chance of rate cuts in September due to a weakening but still strong...
Mortgage Rates for July 31, 2024
The average 30-year fixed mortgage rate dropped below 7 percent in mid-July due to improved inflation numbers from June. Inflation...
Mortgage Rates for July 30, 2024
In mid-July, the average rate on a 30-year fixed mortgage dropped below 7 percent, spurred by better inflation numbers in...
Mortgage Rates for July 26, 2024
Inflation data is expected to drive changes in mortgage rates this summer, according to Greg McBride, CFA, chief financial analyst...
Mortgage Rates for July 25, 2024
Inflation data is expected to drive changes in mortgage rates this summer, according to Greg McBride, CFA, chief financial analyst...
Mortgage Rates for July 24, 2024
Inflation data will drive mortgage rate movements this summer, according to Greg McBride, CFA, chief financial analyst for Bankrate. While...
Mortgage Rates for July 23, 2024
“Inflation data will drive mortgage rate changes this summer,” says Greg McBride, CFA, chief financial analyst for Bankrate. While the...
Mortgage Rates for July 22, 2024
The Fed’s rate doesn’t directly determine fixed mortgage rates; instead, these rates fluctuate with the 10-year Treasury yield. The 10-year...
Mortgage Rates for July 18, 2024
Greg McBride, CFA’s chief financial analyst for Bankrate, says inflation data will drive mortgage rate movements this summer. Although the...
Mortgage Rates for July 17, 2024
Thirty-year fixed mortgage rates remain in the 7 percent range due to persistently high inflation, which has exceeded the Federal...
Mortgage Rates for July 16, 2024
Thirty-year fixed mortgage rates remain around 7 percent, mainly due to persistent inflation, which has exceeded the Federal Reserve’s 2...
Mortgage Rates for July 15, 2024
Thirty-year fixed mortgage rates remain around 7 percent due to persistent inflation, exceeding the Federal Reserve’s 2 percent target. This...
Mortgage Rates for July 2, 2024
Inflation has cooled, but homebuyers still face high prices and rates. The Fed held off on changing interest rates at...
Mortgage Rates for July 1, 2024
Dr. Selma Hepp, chief economist at CoreLogic, notes that the Fed’s June 12 announcement reaffirms its higher-for-longer interest rate stance....
Mortgage Rates for June 28, 2024
Inflation has cooled, but homebuyers still face high prices and rates. After the Fed’s June 12 meeting, policymakers kept interest...
Mortgage Rates for June 27, 2024
Inflation has cooled somewhat, but homebuyers still face high prices and rates. At the close of the June 12 Fed...
Mortgage Rates for June 26, 2024
Inflation has eased slightly, but homebuyers still face high prices and rates. The Fed kept interest rates unchanged at the...
Mortgage Rates for June 25, 2024
The Fed maintained interest rates at their June 12 meeting, signaling a higher-for-longer stance. However, this may be unsustainable as...
Mortgage Rates for June 24, 2024
Inflation has cooled somewhat, but high prices and rates still constrain homebuyers. Following the June 12 Fed meeting, policymakers maintained...
Mortgage Rates for June 21, 2024
According to Dr. Selma Hepp, chief economist at CoreLogic, the Fed’s June 12 announcement reaffirms its “higher-for-longer” stance on interest...
Mortgage Rates for June 20, 2024
Inflation has eased somewhat, but homebuyers still face high prices and rates. Following the June 12 Fed meeting, policymakers kept...
Mortgage Rates for June 19, 2024
Inflation has cooled somewhat, but homebuyers still face high prices and rates. The Fed held interest rates steady at their...
Mortgage Rates for June 18, 2024
Inflation has eased somewhat, but homebuyers still struggle with high prices and rates. After the Fed meeting on June 12,...
Mortgage Rates for June 17, 2024
Homebuyers are still struggling with high prices and interest rates despite some inflation cooling. The Federal Reserve did not change...
Mortgage Rates for June 14, 2024
Inflation has shown signs of easing, yet prospective homebuyers continue to grapple with elevated prices and interest rates following the...
Mortgage Rates for June 13, 2024
Inflation has eased somewhat, but homebuyers still face high prices and rates. At its June 12 meeting, the Fed decided...
Mortgage Rates for June 12, 2024
The outlook on mortgage rates has shifted, with expectations now that rates will stay high. Fixed mortgage rates move with...
Mortgage Rates for June 11, 2024
Experts now predict that rates will remain high for longer, contrary to earlier expectations of multiple rate cuts this year....
Mortgage Rates for June 10, 2024
The 10-year Treasury yield, which fluctuates with investor appetite, economic conditions, inflation, and Federal Reserve decisions, influences fixed mortgage rates....
Mortgage Rates for June 7, 2024
Experts predicted multiple rate cuts at the start of the year, but now many expect rates to remain high. Fixed...
Mortgage Rates for June 6, 2024
Mortgage rates are now closely following the 10-year Treasury yield, influenced by economic conditions, inflation, and Federal Reserve decisions. After...
Mortgage Rates for June 5, 2024
The outlook for mortgage rates has shifted. Fixed mortgage rates track the 10-year Treasury yield, which fluctuates with the economy,...
Mortgage Rates for June 4, 2024
At the start of the year, experts anticipated multiple rate cuts in 2024, but that has changed. Fixed mortgage rates...
Mortgage Rates for June 3, 2024
Many experts predicted multiple rate cuts in 2024 at the beginning of the year, but that outlook has now changed,...
Mortgage Rates for May 31, 2024
Multiple rate cuts were predicted at the beginning of the year, but experts now expect rates to remain higher for...
Mortgage Rates for May 30, 2024
Earlier predictions of multiple rate cuts this year are fading, as many experts now expect rates to remain higher for...
Mortgage Rates for May 29, 2024
The direction of mortgage rates has shifted, influenced by the 10-year Treasury yield, which fluctuates with economic conditions, inflation, and...
Mortgage Rates for May 28, 2024
At the beginning of the year, experts expected multiple rate cuts in 2024, but that outlook has changed. Fixed mortgage...
Mortgage Rates for May 24, 2024
The direction of mortgage rates has shifted, closely mirroring the 10-year Treasury yield, which fluctuates with the economy, inflation, and...
Mortgage Rates for May 23, 2024
Experts now predict interest rates will stay high for an extended period, reversing earlier expectations of multiple rate cuts. Fixed...
Mortgage Rates for May 22, 2024
Experts now expect interest rates to remain elevated for extended periods, contrary to earlier predictions of multiple rate cuts. Fixed...
Mortgage Rates for May 21, 2024
The predictions for multiple rate cuts from the start of the year have faded, with many experts now expecting rates...
Mortgage Rates for May 20, 2024
Mortgage rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans have all decreased compared to last week, according...
Mortgage Rates for May 16, 2024
Mortgage rates showed mixed movements this week, with 15-year and ARM loans rising, while 30-year and jumbo loan rates fell,...
Mortgage Rates for May 15, 2024
Bankrate’s recent data indicates a decline in mortgage interest rates, particularly for 30-year fixed, 15-year fixed, and jumbo loans, although...
Mortgage Rates for May 14, 2024
Bankrate’s data reveals a recent decline in mortgage interest rates across various terms, including 30-year fixed, 15-year fixed, 5/1 ARMs,...
Mortgage Rates for May 13, 2024
Bankrate’s data reveals a nationwide decrease in mortgage rates across various loan terms compared to the previous week. Initially, anticipated...
Mortgage Rates for May 10, 2024
Bankrate’s latest data shows a decrease in average mortgage rates across all loan terms compared to the previous week. Initially,...
Mortgage Rates for May 9, 2024
Bankrate’s latest data shows a general decrease in national mortgage rates compared to the previous week, with 30-year fixed, 15-year...
Mortgage Rates for May 8, 2024
Bankrate’s latest data shows a general decrease in national mortgage rates compared to the previous week, with 30-year fixed, 15-year...
Mortgage Rates for May 7, 2024
According to Bankrate’s data, mortgage interest rates have generally decreased compared to the previous week, with declines seen in average...
Mortgage Rates for May 6, 2024
Bankrate’s data shows that average mortgage rates saw mostly upward movement compared to last week, with increases in 30-year fixed,...
Mortgage Rate for May 3, 2024
Mortgage interest rates have risen across various loan types compared to the previous week, as per Bankrate’s data. Experts now...
Mortgage Rates Today, May 2, 2024
With mortgage rates high and the Federal Reserve trying to control inflation by keeping the Fed funds rate high, it’s...
Mortgage Rates for May 1, 2024: Treasury Yield Fluctuates
National mortgage rates saw a mostly upward trend compared to the previous week, as per Bankrate’s data. Rates for 30-year...
Mortgage Rates for April 29, 2024: Growth in Home Sales
Today’s mortgage rates slightly increase in 30-year fixed, 15-year fixed, 5/1 ARM, while jumbo loans rates decrease, according to bankrate.com....
Mortgage rates for April 26, 2024: Complexity of Market Timing
Last week’s mortgage rate movements showed increases in 30-year fixed, 15-year fixed, and jumbo loans, while 5/1 ARM rates declined,...
Mortgage rates for April 25, 2024: Mortgage Rates Mixed
Mortgage interest rates experienced a mixed trend recently, with increases seen in 30-year fixed, 15-year fixed, and jumbo loans, while...
Mortgage Rates For March 19, 2024: How to Finance a Second Home
Once you’re happily established in your primary residence, you might consider purchasing a second home should your income allow for...
Mortgage Rates For March 18, 2024: Credit Repair for Homebuyers: Hitting Milestones
When it’s time to buy a home, your credit score is one of the most important pieces of information your...
Mortgage Rates For March 6, 2024: Avoid These First-Time Homebuyer Mistakes
When it comes to buying your first home, it’s critical to get in at the right time and pay attention...
Mortgage Rates For March 5, 2024: What You Need to Know About Adjustable Rate Mortgages
When it comes to shopping for mortgages, you might have several options when it comes to the type of mortgages...
Mortgage Rates For March 4, 2024: What is the Bond Market and Why Does it Affect Mortgage Rates?
Bonds issued by the government affect mortgage rates – but how and why do they do that? If you’re looking...
Mortgage Rates For February 23, 2024: Mortgage Pre-Approval 101
If you’ve heard about mortgage pre-approval being critical to securing a house in a competitive market, you’ve heard correctly. Especially...
Mortgage Rates For February 22, 2024: What is the Bond Market and Why Does it Affect Mortgage Rates?
Bonds issued by the government affect mortgage rates – but how and why do they do that? If you’re looking...
Mortgage Rates For February 21, 2024: What is a CMA in Real Estate and Do You Need One?
If you’re getting ready to buy a new home, it can be useful to have a CMA, or a comparative...
Mortgage Rates For February 20, 2024: What is the Process of Putting in an Offer on a House?
The goal of tracking average mortgage interest rates and securing the best loan is of course to make an actual...
Mortgage Rates For February 19, 2024: How Can You Estimate Your Mortgage Interest Rate?
Your mortgage interest rate will have a major impact on the total cost of your loan. When you first start...
Mortgage Rates For February 14, 2024: What are Closing Costs When You Buy a Home?
When you purchase a home, there are various fees and expenses you’ll have to cover in addition to the cost...
Mortgage Rates For February 13, 2024: Can a Sole Income Earner Purchase a Home?
If you’re looking to purchase a home on your own, it is possible to do so. While 61% of people...
Mortgage Rates For February 12, 2024: Why Should You Consider a Mortgage Instead of a Rent to Own?
If you’re having trouble saving a down payment for a home, but you’re interested in buying, a rent to own...
