Mortgage rates remained relatively steady on January 26, 2026, giving potential homebuyers and refinancers a slight breather. The interest rate for a 30-year fixed-rate mortgage hovered around 6.66%, while the 15-year fixed-rate loan held near 5.90%. These rates aren’t at record highs, but they are significantly elevated compared to the historically low borrowing costs seen…
Mortgage rates have largely held steady going into the end of January, offering some predictability for prospective homebuyers and those looking to refinance. As of this week, the average rate for the 30-year fixed mortgage hovered around 6.88%, down slightly from the previous week. Meanwhile, the 15-year fixed mortgage rate was at 6.23%. With inflation…
Mortgage interest rates across the U.S. remained relatively unchanged on November 11, 2025, following a period of modest fluctuation. The average 30-year fixed mortgage rate held steady at 7.34%, while the 15-year fixed rate inched slightly upward to 6.73%. Meanwhile, 30-year jumbo loans averaged 7.38%, offering a similar rate to conventional options. Industry experts suggest…
Mortgage interest rates held relatively steady on November 7, 2025, with many lenders offering 30-year fixed-rate mortgages around the 7.50% mark. This rate represents a slight decline from recent highs, offering potential relief to prospective homebuyers who have struggled with rising borrowing costs throughout 2023 and 2024. Shorter-term options, such as 15-year fixed-rate loans, saw…
Mortgage interest rates are projected to remain relatively high through November 2025, with some economists predicting rates could range between 6% and 7%. Despite the Federal Reserve pausing rate hikes in 2024, lingering inflation and a resilient job market are expected to keep borrowing costs elevated. These dynamics continue to challenge homebuyers, many of whom…
After the Federal Reserve lowers interest rates, mortgage rates do not always follow the same path. Historically, while the Fed’s decisions influence short-term borrowing costs, long-term mortgage rates respond more directly to market expectations and investor sentiment. For example, after the Fed made a series of rate cuts in 2019, mortgage interest rates declined considerably,…
Mortgage refinance rates have experienced slight fluctuations as October 2025 draws to a close. The average rate for a 30-year fixed refinance now sits at 7.74%, a small increase from prior days, while the 15-year fixed refinance saw a modest decline to 7.03%. Meanwhile, the average rate for a 20-year fixed refinance dipped to 7.53%,…
Mortgage rates have inched downward to close out the week of October 28, 2025, offering a modest reprieve to prospective homebuyers. The average rate for a 30-year fixed mortgage sits at 7.94%, while 15-year fixed-rate mortgages are averaging 7.23%. Adjustable-rate mortgages, such as the 5/1 ARM, are seeing average rates around 6.84%. Although rates remain…
Mortgage interest rates remain a critical focus ahead of the Federal Reserve’s October meeting. While the Fed doesn’t directly set mortgage rates, its decisions on the federal funds rate have a significant influence on long-term lending products like mortgages. In recent months, as inflation pressures persist and the economy shows resilience, financial markets have speculated…
Mortgage refinance rates experienced subtle shifts as of October 24, with the average 30-year fixed refinance rate rising slightly to 7.78%, while the 15-year fixed refinance rate remained level at 7.03%. Rates for 30-year jumbo loan refinancing also dipped marginally to 7.78%. These numbers reflect ongoing uncertainty in the broader economy, influenced by inflation concerns…