Mortgages & Rates
Mortgage rate movements, refinancing, loan types, rate locks, lender comparisons, and how interest rates affect housing affordability.
Latest in Mortgages & Rates
Mortgage rates climbed back to 6.37% this week — the fourth consecutive increase — as the Iran war keeps pushing Treasury yields higher
Homebuyers hoping for a break on borrowing costs this spring are not getting one. The average 30-year fixed mortgage rate climbed to 6.37% for the...
The 30-year mortgage climbed back to 6.37% — erasing the spring dip as Iran war inflation pushes bond yields higher
The spring discount is already over. The average rate on a 30-year fixed mortgage climbed to 6.37% for the week ending May 22, 2026, up...
Mortgage rates climbed back to 6.50% as Iran war inflation erased the spring dip — and the 30-year hasn’t been below 6% since 2024
The spring buying season offered about three good weeks. In mid-April, mortgage rates drifted low enough that real estate agents reported a bump in showing...
Mortgage rates held at 6.20% this week — half a point lower than last May — but Iran-driven inflation could push them higher before summer ends
Mortgage rates held at 6.20% this week — half a point lower than last May — but Iran-driven inflation could push them higher before summer...
Mortgage rates settled at 6.20% this weekend after a spring dip to 6.02% — oil-driven inflation is the reason they won’t fall further
Mortgage rates settled at 6.20% this weekend after a spring dip to 6.02% — oil-driven inflation is the reason they won’t fall further. The brief...
30-year mortgage rates climbed to 6.20% this week — up 11 basis points — as Iran-driven inflation fears erase the spring rate dip
The spring discount on mortgage rates is gone. Borrowers shopping for a 30-year fixed-rate loan this week face a rate of 6.20%, according to the...
The 30-year mortgage just climbed back to 6.46% — erasing most of the spring rate dip as Iran war inflation pushes bond yields higher
The spring rate dip that coaxed cautious homebuyers off the sidelines is effectively gone. According to the latest Freddie Mac Primary Mortgage Market Survey, the...
Freddie Mac’s Q1 net income jumped 27% to $3.6B as purchase mortgage applications rose 20% year-over-year
Freddie Mac earned $3.6 billion in the first quarter of 2026, a 27% increase over the $2.8 billion it posted a year earlier, as a...
Mortgage rates jumped back to 6.30% this week, snapping a 3-week decline — and oil prices are the reason
The three-week streak of falling mortgage rates is over. The average rate on a 30-year fixed mortgage climbed to 6.30% for the week ending May...
U.S. housing market braces for another slow summer as rates stay high
For the third straight year, the summer homebuying season is arriving with a familiar problem: the numbers do not work for millions of Americans. The...
Zillow flags a major shift in homebuying as mortgage rates bite
A few years ago, a household earning $90,000 could comfortably finance a $400,000 home. Today, with the 30-year fixed mortgage rate near 6.8% according to...
Mortgage rates dip again, easing the lock-in effect for would-be sellers
Mortgage rates dip again, easing the lock-in effect for would-be sellers The average 30-year fixed mortgage rate dropped for the third straight week this spring,...
Mortgage rates fell for the third straight week — the 30-year fixed dropped to 6.23%, its lowest since mid-March
For the third week in a row, mortgage rates moved in borrowers’ favor. The average 30-year fixed rate slipped to 6.23% for the week ending...
Existing home sales fell to the lowest level in 9 months — and mortgage rates just ticked back up to 6.05%
Spring is supposed to be when the housing market wakes up. In 2026, it hit the snooze button. Existing home sales slid 3.6% from February...
Is 6.05% a good enough mortgage rate to buy now — or should you wait for a number that might never come?
A couple pre-approved for $400,000 this month faces a question that no spreadsheet can fully answer: lock in a 30-year mortgage at 6.05%, or hold...
Mortgage rates hit 6.02% and could dip below 6% — here’s what that means for your monthly payment
A few weeks ago, the average 30-year fixed mortgage rate fell below 6% for the first time since the fall of 2022. The Associated Press...
Should you refinance your mortgage right now at 6.02% — or wait for sub-6% rates that may never come?
Homeowners who locked in a mortgage at 7% or higher during the 2022-2023 rate spike have spent the better part of two years watching rates...
Should you tap your home equity right now? Here’s how to decide without regret
A homeowner who bought a modest three-bedroom house in 2019 might open a mortgage statement today and see something startling: six figures of equity that...
30-year fixed mortgage drops to 6.30% — Fannie Mae revises year-end forecast upward to 6.1%
Spring homebuyers caught a small break this week: the average rate on a 30-year fixed mortgage fell to 6.30%, its second consecutive weekly decline and...
30-year mortgage drops to 6.30%, lowest in 4 weeks — Fannie Mae forecasts under 6% by year-end
Mortgage rates fell for the second straight week, with the average 30-year fixed rate dropping to 6.30% for the week ending April 16, 2026, according...