Housing Wire

MAY 28, 2025

ARMs typically gain market share when rates are elevated, as borrowers can access lower initial rates compared to traditional fixed-rate mortgages. As of Wednesday morning, the average 30-year conforming mortgage rate stood at 6.97%, according to HousingWire s Mortgage Rates Center.

VA loan

Housing Wire

MARCH 19, 2025

That’s according to the latest data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 14, 2025. The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% Interest rates for 5/1 ARMs increased to 5.84% from 5.81%.

Fixed-rate mortgage

Housing Wire

JANUARY 15, 2025

Department of Agriculture (USDA) loans decreased. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances and 30-year fixed-rate mortgages backed by the FHA both saw increases for jumbo loans it was an increase to 7.05% from 6.99%, and for FHA loans the interest rate reached 6.76% from 6.65%.

Fixed-rate mortgage

Housing Wire

FEBRUARY 12, 2025

Mortgage rates moved slightly lower last week, which led to the pace of refinance applications reaching its strongest week since October 2024, said Joel Kan , MBAs vice president and deputy chief economist. Data from this week’s measures saw the adjustable-rate mortgage (ARM) share of activity increase to 6.0%

Fixed-rate mortgage

Housing Wire

MARCH 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.77% from 6.78%. Both the average contract interest rates for 30-year fixed-rate mortgages backed by the FHA and 15-year fixed-rate mortgages remained unchanged at 6.40% and 6.08%, respectively.

Fixed-rate mortgage

Housing Wire

APRIL 16, 2025

The average contract interest rate for 30-year fixed-rate mortgages increased to 6.81%, up from 6.61% a week earlier, while rates for 30-year fixed mortgages with jumbo loan balances rose by 19 basis points (bps) to 6.84%. to 13.7%, while the U.S.

Fixed-rate mortgage

Housing Wire

APRIL 23, 2025

Joel Kan , MBAs vice president and deputy chief economist, attributed the decline to the second straight week of climbing rates , as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.90% from last week’s 6.81%.

Fixed-rate mortgage

Housing Wire

FEBRUARY 19, 2025

While 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) saw interest rates decrease to 6.93% from 6.95%, interest rates for 30-year fixed-rate mortgages with jumbo loan balances increased to 7.03% from 6.96%. the week prior.

Fixed-rate mortgage

Housing Wire

FEBRUARY 26, 2025

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 7.00% from 7.03%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57% from 6.70%.

Fixed-rate mortgage

Norada Real Estate

JULY 3, 2025

Similarly, refinancing rates show a comparable pattern as homeowners assess their options to either secure lower payments or cash out equity. Today's Mortgage Rates – July 3, 2025: Slight Drop in Home Loans and Refinance Rates Key Takeaways Mortgage Rates : The average 30-year fixed mortgage rate is now 6.78%.

Loans

Marco Santarelli

MARCH 4, 2025

Today's Mortgage Rates March 4, 2025: Rates Have Dropped Sharply Navigating the world of mortgages can feel like deciphering a complex code. There are so many different types of loans, lenders, and economic factors that play a role. Let's break down exactly what the mortgage rates look like right now.

Mortgages

Marco Santarelli

DECEMBER 22, 2024

In this detailed exploration, we will delve into what these rates mean, trends and factors influencing them, and how you can decide whether refinancing is the right choice for your financial situation. A robust economy can lead to higher interest rates, as lenders anticipate increased demand for loans. Is Refinancing Worth It?

Mortgages

Marco Santarelli

DECEMBER 21, 2024

This increased competition often drives prices up and can indirectly influence mortgage rates as lenders adjust to the heightened risk associated with higher-priced loans. Analysis of Mortgage Types Understanding the different types of mortgages available is crucial as they have varied implications on your financial future.

Mortgages

Marco Santarelli

MAY 14, 2025

Mortgage rates on May 14, 2025, are currently experiencing instability with variations in rates across different loan types. The average rate for a 30-year fixed mortgage stands at 6.84% , showing a slight increase, while the 15-year fixed mortgage has decreased marginally to 6.06%.

Mortgages

Marco Santarelli

MARCH 11, 2025

Understanding these rates can help you make informed decisions in your home buying journey. Exploring the Mortgage Options While traditional fixed-rate mortgages are often the go-to choice for many buyers, there are various mortgage products available to meet different financial needs.

Fixed-rate mortgage

Marco Santarelli

APRIL 30, 2025

Types of Mortgages and Their Implications 30-Year Fixed Mortgage Rates The 30-year fixed mortgage is one of the most popular loan types among homebuyers due to its ability to provide lower monthly payments and predictable loan terms. Do Mortgage Rates Go Down During an Economic Recession?

VA loan

Marco Santarelli

MAY 21, 2025

Average Credit Scores: States with higher average credit scores generally see lower mortgage rates. Average Loan Size: In states where homes are more expensive and loan sizes are larger, lenders might adjust rates to reflect the increased financial exposure. FHA 30-Year Fixed averages 7.37%.

Mortgages

Marco Santarelli

JULY 31, 2025

State-Specific Regulations: States have different regulations impacting the mortgage industry, affecting lenders' costs and risk assessments. Credit Score Averages: States with higher average credit scores might see slightly better rates overall. ARMs (Adjustable-Rate Mortgages) have interest rates that can change over time.

Mortgages

Marco Santarelli

APRIL 2, 2025

Let's look at the specifics for today's mortgage rates: Loan Type Rate 30-Year Fixed 6.50% 20-Year Fixed 6.18% 15-Year Fixed 5.86% 5/1 ARM 6.60% 7/1 ARM 6.38% 30-Year VA 6.06% 15-Year VA 5.62% 5/1 VA 6.07% 30-Year FHA 5.95% 5/1 FHA 5.69% As you can see, the benchmark 30-year fixed-rate mortgage is averaging 6.50% nationally.

Mortgages

Marco Santarelli

JUNE 30, 2025

Mortgage Rates Today June 30, 2025: 30-Year Fixed Rate Rises on Monday Key Takeaways 30-Year Fixed Mortgage Rate: The average 30-year fixed mortgage rate is 6.79%. Refinance Rates Increased: The national average for a 30-year fixed refinance rate is 7.04%.

Fixed-rate mortgage

Marco Santarelli

JUNE 6, 2025

According to Zillow, the current average rate for a 30-year fixed mortgage is 6.95% , reflecting a drop from the previous week’s rate of 7.01%. Additionally, refinance rates have seen a notable increase, now averaging 7.33% , which is essential for those considering refinancing options.

Mortgages

Marco Santarelli

JUNE 17, 2025

When securing a 30-year fixed mortgage, this rate means you would pay 6.93% interest over the life of the loan. For a shorter-term option, the 15-year fixed mortgage rate remains stable at 6.01% , appealing for buyers looking to pay off their loans faster.

Mortgages

Norada Real Estate

JUNE 7, 2025

They can have a significant impact on monthly payments, overall loan costs, and the housing market's vibrancy. Understanding the context behind these rates can help you make more informed decisions. This rate currently stands at 6.83%. FHA and VA loans are prominent in this category.

Mortgages

Redfin

JULY 30, 2025

Most homebuyers will need to think ahead about the following costs when estimating how much money is needed to purchase a home: Down payment: The down payment is a percentage of the home’s purchase price, anywhere from 0% to 20% depending on your loan. Several loan options, such as FHA or VA loans, only require a down payment of 3.5%

Pre-approval

Marco Santarelli

FEBRUARY 16, 2025

Todays Mortgage Rates February 16, 2025: Rates Hold Steady Key Takeaways Current Average Rates : 30-Year Fixed : 6.53% 15-Year Fixed : 5.87% Adjustable Rates : Competitive 5/1 and 7/1 ARMs at 6.45% and 6.40%. per month (Principal & Interest) 15-Year Fixed (5.87%) : Approximately $1,296.19

FHA loan

Marco Santarelli

MARCH 31, 2025

Current Mortgage Rates Breakdown When you're looking to buy a home, the interest rate you lock in plays a huge role in your monthly payment and the total amount you'll pay over the life of the loan. Rates can change daily based on economic factors, so staying updated is key.

Mortgages

Norada Real Estate

JUNE 24, 2025

Impact on Affordability : Lower rates can contribute to a decrease in monthly payments for new loans. Current Mortgage Rates Overview According to data from Zillow, today’s mortgage rates have shown marginal fluctuations. Below are mortgage payment estimates for various loan amounts under current rates.

Mortgages

Redfin

JULY 31, 2025

Lean on trusted experts: A great real estate agent, lender, and the right loan choice are key. Don’t ignore your credit history Your credit history impacts mortgage eligibility and the interest rate you’ll receive. What to do instead: Before applying for a mortgage, review your credit report.

VA loan

Marco Santarelli

JULY 1, 2025

Current Mortgage Rates on July 1, 2025: A Closer Look at Loan Types Let's break down exactly where mortgage rates stand as of today, July 1, 2025. According to Zillow data, we're seeing some movement across different loan types. Refinance rates are also showing a slight downward trend.

Mortgages

Marco Santarelli

JUNE 20, 2025

The 15-year fixed refinance rate also saw a bump, inching up to 6.04%. Here's my take on it: Assess Your Current Situation: Start by looking at your existing mortgage. What's your current interest rate, loan term, and monthly payment? For example, are you paying on an interest rate higher than 8%?

Mortgages

Marco Santarelli

JUNE 4, 2025

For those looking to finance a home or considering a refinance, understanding these current mortgage trends is crucial. Let's dive deeper into the specifics of today's rates across different loan types and explore what these numbers mean for you. 15-year fixed mortgage rates have also seen a small increase, reaching 5.99%.

Loans

Norada Real Estate

JULY 5, 2025

Today's Mortgage Rates July 5, 2025: Steady Stability in 30-Year FRM and 15-Year FRM Key Takeaways Current Rates: The average 30-year fixed mortgage rate is 6.79% , consistent with last week. Refinance Rates: The 30-year fixed refinance rate is currently 7.07% , maintaining stability.

VA loan

Marco Santarelli

MARCH 27, 2025

Refinance Rates: Generally similar to purchase rates, with the 30-year fixed refinance at 6.61% and the 15-year fixed refinance at 6.00%. VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%. housing market.

Mortgages

Redfin

APRIL 11, 2025

When you pay your mortgage each month, the payments go toward a tangible asset rather than a landlord. Owning a home can also bring more financial stability , especially with a fixed-rate mortgage, as it offers predictable monthly payments, compared to rent, which can rise. Is it still possible to buy a starter home?

Marketing

Marco Santarelli

MARCH 2, 2025

Generally, the 30-year fixed-rate mortgage is the most popular choice among homebuyers. This type allows homeowners to spread out their payments over three decades, resulting in lower monthly payments compared to shorter term loans. down payment.

Mortgages

Marco Santarelli

MAY 2, 2025

More competition usually means better rates for you! Credit Scores: The average credit score within a state can influence rates. States with higher average credit scores might see slightly lower rates overall. Average Loan Size: This one is pretty straightforward. Rates hit a two-year low of 5.89%.

Mortgages

Redfin

JULY 31, 2025

Look into first-time homebuyer benefits Many programs are designed to make homeownership more accessible for first-time buyers by reducing upfront costs, lowering monthly payments, and helping with mortgage qualification. State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help.

Purchase and sale agreement