Marco Santarelli

JUNE 30, 2025

Are you keeping a close eye on mortgage rates? As of June 30, 2025 , today's mortgage rates show some interesting movement, particularly with the 5-year ARM (Adjustable-Rate Mortgage) , which has seen an increase. There are so many numbers, terms, and factors that influence where rates are headed.

Mortgages

Marco Santarelli

JANUARY 26, 2025

As we step into the week of January 27 to February 2, 2025, the mortgage rates are predicted to remain stable. The Federal Reserve's first meeting of the year is not anticipated to lead to drastic changes in the rates, providing reassurance for potential homebuyers and those looking to refinance loans. 1, 2025 6.9 – 7.1

Mortgages

Norada Real Estate

JULY 5, 2025

Mortgage Rates Today – July 5, 2025: 5-Year ARM Drops Massively by 50 Basis Points Why This Matters: A Closer Look at the Mortgage Rate Dip Okay, so a 50 basis point drop sounds good, but what does it really mean? This is where you benefit from the lower rate we see today. The short answer is savings.

Fixed-rate mortgage

Marco Santarelli

JULY 1, 2025

Feeling confused about the mortgage market? As of July 1, 2025, the 5-year adjustable-rate mortgage (ARM) crept up to 7.61% – a tiny 3-basis-point bump from last week’s 7.58%. Let’s unpack what this rate wiggle means for buyers, refiners, and the housing market’s vibe. Totally normal! Think of it like driving a car.

Fixed-rate mortgage

Rochester Real Estate

NOVEMBER 5, 2015

The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. But studying the market is not enough.

Purchase and sale agreement

Norada Real Estate

JUNE 20, 2025

As of June 20, 2025, today's mortgage rates have seen adjustments, with the average 30-year fixed mortgage rate rising to 7.00% , up by 5 basis points from the previous day. This increase reflects a broader trend impacting both mortgage and refinance rates this week.

Mortgages

Marco Santarelli

APRIL 18, 2025

Mortgage Rates Go Down and Stay Below 7% After Volatile Week Why the Wild Ride? So, what caused this sudden spike and subsequent dip in mortgage rates? Bond market shifts: As Lautz mentioned, changes in the bond market directly impact mortgage rates. A year ago, rates averaged 7.1%.

Fixed-rate mortgage

HomeLight

MARCH 26, 2025

Step 1: Talk to an Expert What is a seller-paid interest rate buydown? When a buyer pays for an interest rate buydown on their own mortgage loan , the upfront discount points each typically cost 1% of the loan amount and can lower the rate by a fraction of a percentage, usually about.25%.

Pre-approval

Marco Santarelli

APRIL 24, 2025

Are you dreaming of owning a home but worried about sky-high mortgage rates? As of today, April 24, 2025, the states with the cheapest 30-year mortgage rates for new purchases are: New York, California, Pennsylvania, Florida, Massachusetts, Michigan, North Carolina, Ohio, Texas, and Washington. You're not alone!

Mortgages

Redfin

JULY 31, 2025

A strong credit profile signals to lenders that you’re a reliable borrower, leading to lower interest rates and saving you thousands over the life of the loan. What to do instead: Before applying for a mortgage, review your credit report. Lean on trusted experts: A great real estate agent, lender, and the right loan choice are key.

VA loan

Marco Santarelli

JULY 4, 2025

Here's the good news: Mortgage rates have dropped significantly this week , giving potential homebuyers a much-needed boost of optimism. The average 30-year fixed-rate mortgage is down to 6.67% , the most substantial drop since early March. Here's my advice: Get Pre-Approved: This is always the first step.

Fixed-rate mortgage

Marco Santarelli

JUNE 17, 2025

Looking for the best deal on a mortgage? states with the lowest mortgage rates for a 30-year new purchase are New York, Florida, Colorado, New Jersey, California, Washington, and Connecticut. In these states, you can find average rates between 6.81% and 6.91%. Florida: Average rates between 6.81% and 6.91%.

Mortgages

Marco Santarelli

MARCH 23, 2025

As of today, March 23, 2025, mortgage interest rates have slightly dropped compared to last weeks figures, providing a favorable landscape for potential homebuyers and those looking to refinance. 30-Year Fixed Rate: Currently at 6.51% , a marginal drop to be noted.

Mortgages

Marco Santarelli

JUNE 23, 2025

I have personally observed that while this is happening, people are very cautious owing to high interest rates. However, the elephant in the room is mortgage rates. As NAR Chief Economist Lawrence Yun pointed out, “The relatively subdued sales are largely due to persistently high mortgage rates.”

Sales

Redfin

APRIL 11, 2025

What used to be a 3-to-7-year stay in a starter home is now stretching much longer as the market remains competitive and interest rates stay high. A starter home is the most affordable type of house or living space a first-time buyer can purchase. Generally, a starter home is the most affordable type of house a first-time buyer can purchase.

Marketing

Redfin

JULY 31, 2025

They cover topics like budgeting, building credit, mortgage options, house hunting, and closing. If you’re unsure where to start, check with HUD-approved counseling agencies, non-profit organizations, and local housing authorities to find available courses. It’s generally recommended to apply to several lenders before deciding.

Purchase and sale agreement

Marco Santarelli

MARCH 20, 2025

Are you keeping an eye on mortgage rates? As of March 20, 2025, the mortgage market is showing a slight upward tick , with rates inching up for the second consecutive week. Despite this recent bump, it's important to remember that rates are still more favorable compared to where they stood this time last year.

Mortgages

Redfin

JULY 30, 2025

Credit score A credit score of 620 or higher is ideal for most programs, greatly impacting your eligibility and the interest rates. >> Read: What Percentage of Your Income Should Go Toward Your Mortgage? Next, get pre-approved to understand what you can afford before the home search. Let’s get started.

Debt-to-income ratio

Marco Santarelli

FEBRUARY 16, 2025

As of February 16, 2025 , the mortgage rates have held steady, with the average 30-year fixed rate currently at 6.53% and the 15-year fixed rate at 5.87%. These stable rates present an opportunity for homebuyers looking to purchase or refinance.

FHA loan

Marco Santarelli

MAY 4, 2025

If you're dreaming of buying a home or refinancing your current mortgage, you're probably wondering: when will mortgage rates go down? The short answer, based on current trends and expert predictions, is that a significant drop in mortgage rates in 2025 seems unlikely. But don't lose hope!

Mortgages

Norada Real Estate

JUNE 7, 2025

As of June 7, 2025, the national average for a 30-year fixed mortgage rate has climbed to 7.04%. This news likely brings a wave of concern for anyone looking to buy a home or refinance their existing mortgage. As I've learned over the years, when these Treasury yields go up, mortgage rates often follow suit.

Mortgages

Marco Santarelli

JUNE 11, 2025

As of early June 2025, the 30-year fixed-rate mortgage (FRM) is hovering around 6.85%. A Realistic Outlook for Homebuyers Understanding the Forces Steering Mortgage Rates Mortgage rates aren't pulled out of thin air. When Treasury yields go up, mortgage rates often follow suit.

Mortgages

Marco Santarelli

JUNE 4, 2025

On June 4, 2025, mortgage rates showed some slight upward movement for the national average 30-year fixed rate, climbing to 6.98%. This marks a minor increase of 1 basis point from the previous day but is still lower than the average rate from the week prior. The 3-year ARM has no change reported.

Loans

Marco Santarelli

APRIL 3, 2025

As of April 3, 2025, mortgage rates have dipped slightly to around 6.40% , influenced by recent economic events, including tariff announcements from the White House. This decline is relevant for both new mortgage borrowers and those considering refinancing their existing loans.

Mortgages

Marco Santarelli

JULY 31, 2025

Many real estate investors get caught up in chasing the lowest interest rates , believing it's the key to profitability. However, in this article, I'll explain why mortgage rates don't really matter as much as you think, especially when playing the long game of real estate investing. Higher rates mean less cash flow, right?

Mortgages

Marco Santarelli

AUGUST 5, 2025

Several factors, including mortgage rates, inventory levels, and overall economic growth, are at play here. Let's break that down: Sales: Existing-home sales are down 2.7% month-over-month, sitting at a seasonally adjusted annual rate of 3.93 And even within a city, different neighborhoods can behave uniquely.

Marketing

The Mortgage Report

JUNE 12, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How will economic data and indicators weigh on the June fed funds rate decision? How Soon Can I Refinance?

FHA 203k rehab loan

The Mortgage Report

JULY 22, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How will economic data and indicators weigh on the July fed funds rate decision? How Soon Can I Refinance?

FHA 203k rehab loan

The Mortgage Report

JUNE 18, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Find your lowest rate. Although the inflation rate came down from 3% in January to 2.4%

FHA 203k rehab loan

Marco Santarelli

FEBRUARY 8, 2025

Are you dreaming of buying a home and eagerly awaiting lower mortgage rates? While the report isn't all bad news, it suggests that the Federal Reserve is less likely to cut interest rates soon, which means mortgage rates are likely to remain elevated in the near term. The January report showed that the U.S.

Mortgages

The Mortgage Report

JULY 30, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? However, mortgage rate movements varied in the immediate aftermath of the most recent Fed decisions.

FHA 203k rehab loan

Housing Wire

DECEMBER 22, 2020

Here are the top five mortgage-related terms you’ll want in your arsenal: 1. Fixed-rate mortgage. There are two types of mortgages: fixed-rate and adjustable-rate. Fixed-rate mortgages have a set interest rate for the entirety of the loan. Pre-approval.

Fixed-rate mortgage

Housing Wire

MARCH 23, 2023

to $2,061 in February from $1,964 in the previous month, according to the Mortgage Bankers Association ‘s (MBA’s) purchase applications payment index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income. The MBA projects the 30-year fixed rate mortgage to drop to an average of 5.3%

Mortgages

Housing Wire

FEBRUARY 14, 2024

Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

Pre-qualification

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. In early January, rates were as low as 3.4%. Labor Department.

Marketing

Housing Wire

JULY 3, 2023

PrimeLending, led by president and CEO Steve Thompson, ranked as the 34th largest mortgage lender in the first quarter of 2023, with an estimated origination volume of $1.73 billion, according to data from Inside Mortgage Finance. homeowners with mortgages have an interest rate below 6%, according to Redfin.

Loan Officer

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates have nearly doubled to around 6.5% Following the Fed’s decision to raise interest rates by an additional 75 basis points on Wednesday, the central bank said it will hike rates as high as 4.6% Interest rates can move higher as the economy stays firm, Logan Mohtashami, Lead Analyst at HousingWire said.

Mortgages