RIS Media

JANUARY 16, 2025

Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight week of increases and hitting their highest point since last May.

Fixed-rate mortgage

Marco Santarelli

DECEMBER 27, 2024

Generally, a mortgage interest rate represents the cost to borrow money expressed as a percentage. Borrowers can select between fixed-rate mortgages and adjustable-rate mortgages (ARMs).

Fixed-rate mortgage

Marco Santarelli

DECEMBER 29, 2024

As we approach January 2025, many prospective homebuyers and existing homeowners are keenly interested in mortgage rate predictions. Most industry experts foresee a gradual decline in mortgage rates, providing a glimmer of hope for those navigating the complexities of the housing market.

Mortgages

Marco Santarelli

OCTOBER 26, 2024

As of October 24, 2024, mortgage rates have climbed north of 6.5% The average 30-year fixed-rate mortgage now sits at 6.54% , a slight rise from 6.44% the previous week, reflecting a prevailing trend of increasing rates that have now persisted for four consecutive weeks.

Fixed-rate mortgage

RIS Media

OCTOBER 24, 2024

Mortgage rates are still ticking up, thanks to strong economic data including good jobs reports and stubborn core inflation, economists say, noting that rates are still expected to come down in the months ahead as data falls more in line with expectations.

Fixed-rate mortgage

Marco Santarelli

DECEMBER 29, 2024

For more information about these rates, visit Bankrate for detailed comparisons. Mortgage News This Week In the week ending December 22, 2024, there has been a notable increase in mortgage rates, pushing 30-year fixed-rate loans to an average of 6.91%.

Mortgages

RIS Media

MARCH 13, 2025

The latest Primary Mortgage Market Survey (PMMS) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, up just 2 basis points from last weeks average of 6.63%.

Fixed-rate mortgage

RIS Media

NOVEMBER 7, 2024

Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end of the year, experts noted. … The post Mortgage Rates Move Up for Sixth Straight Week appeared first on RISMedia.

Fixed-rate mortgage

RIS Media

JANUARY 9, 2025

As the new year gets underway, average 30-year mortgage rates continue to trend up, moving upwards from their average last week of 6.91% to 6.93% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, released Thursday.

Fixed-rate mortgage

RIS Media

MARCH 27, 2025

Mortgage rates ticked down a little this week as experts point to ongoing stability in rates being a plus for some buyers, while still presenting challenges to first-time buyers. appeared first on RISMedia.

Fixed-rate mortgage

RIS Media

JUNE 19, 2025

Economists say that while pockets of economic uncertainty persist, consumer confidence has rebounded from its spring dip; steady mortgage rates and improving buyer sentiment also could be setting the stage for a busy summer housing market.

Mortgages

RIS Media

JANUARY 30, 2025

Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest Primary Mortgage Market Survey (PMMS) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.95%, down one basis point from last weeks 6.96%.

Fixed-rate mortgage

Marco Santarelli

MAY 24, 2025

The average interest rate on a 30-year fixed-rate mortgage has climbed to 7.15% , marking the highest point we've seen in over a year, specifically since May 2, 2024. The 7.15% average for a 30-year fixed-rate mortgage for new purchases represents a 4 basis point increase just from yesterday.

Mortgages

Marco Santarelli

JULY 2, 2025

Okay, here's the lowdown on where to find the most appealing mortgage rates in the U.S. as of July 2, 2025 : If you're shopping for a 30-year fixed rate mortgage for a new home purchase, you might want to focus your search in New York, Massachusetts, Colorado, Connecticut, Florida, New Jersey, California, Texas, and Washington.

Mortgages

RIS Media

FEBRUARY 13, 2025

The average 30-year-fixed rated mortgage continued edging downward this week, lowering from last weeks 6.89% to 6.87%, according to the latest Primary Mortgage Market Survey (PMMS)from Freddie Mac, released Thursday. … The post Average Mortgage Rate Continues to Decrease appeared first on RISMedia.

Fixed-rate mortgage

Marco Santarelli

JANUARY 11, 2025

Navigating the High Rate Environment in 2025 As we move into 2025, buyers and those in the real estate industry will need to navigate a high-rate environment with a strategic approach. Furthermore, some may explore adjustable-rate mortgages (ARMs) as an alternative.

Mortgages

RIS Media

APRIL 3, 2025

Real estate economists are pointing to this weeks mortgage rate activity as a possible bellwether for the remainder of the year. The latest Primary Mortgage Market Survey (PMMS) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.64%, down one basis point from last weeks average of 6.65%.

Fixed-rate mortgage

Marco Santarelli

APRIL 7, 2025

The idea behind this is often to help local industries compete by making their products relatively cheaper. Now, here's the crucial part: mortgage rates, especially fixed-rate mortgages that are so popular, tend to follow the trend of these long-term government bond yields.

Mortgages

RIS Media

MARCH 6, 2025

Mortgage rates continue falling, this week seeing their lowest weekly drop since September, Freddie Mac reported, providing incentives for both purchase and refinance activity as the spring market approaches. A… The post Mortgage Rates See Largest Weekly Fall Since September appeared first on RISMedia.

Fixed-rate mortgage

RIS Media

MARCH 20, 2025

Mortgage rates remained steady this week, in a holding pattern in the mid-sixes now for several weeks. The latest Primary Mortgage Market Survey (PMMS) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.67%, up slightly from last weeks average of 6.65%.

Fixed-rate mortgage

Marco Santarelli

JUNE 10, 2025

Over the past year, potential homebuyers and homeowners alike have experienced a rollercoaster ride with rates, driven by Federal Reserve policies, inflation concerns, and shifts in the housing market. As of June 10, 2025, the average rates reflect an industry striving for stability while reacting to ongoing economic signals.

Mortgages

RIS Media

MAY 29, 2025

Mortgage rates have been described as steady over the last nearly 20 weeks but continued economic volatility is related to incremental increases that continue to push them closer to 7%.

Fixed-rate mortgage

RIS Media

MAY 8, 2025

Zero movement on mortgage rates this week, but the continued steadiness of the average rate remaining in the mid-sixes for many weeks is having a positive impact on mortgage applications, economists say.

Fixed-rate mortgage

RIS Media

DECEMBER 12, 2024

With mortgage rates continuing their descent in recent weeks, borrowers who faced rates topping out at over 8% last year, drove a surge in refinance applications this past week; we may also see further refi activity ahead, as rates continued their decline this week.

Fixed-rate mortgage

Marco Santarelli

MAY 31, 2025

Understanding Mortgage Rate Types When considering a mortgage, it's essential to understand the different types of mortgage rates availablefixed and adjustable rate mortgages (ARMs). 15-Year Fixed : Many buyers prefer this option for its lower interest rates. by the end of 2025.

Mortgages

Norada Real Estate

JUNE 20, 2025

The 30-year fixed-rate mortgages remain popular due to their stability over longer terms, whereas 7-year and 5-year ARMs tend to fluctuate more with market conditions. The Federal Reserve’s decision to maintain interest rates indicates a cautious approach amid global economic pressures.

Mortgages

Marco Santarelli

JULY 8, 2025

For example, a smaller, regional bank might be more aggressive with its rates to gain market share in its local area compared to a national giant. State-Level Regulations: Each state has its own set of rules governing the mortgage industry. National Overview: Where Do We Stand? Alright, enough with the state-by-state breakdown.

Mortgages

RIS Media

JULY 31, 2025

Mortgage rates remain elevated as the economy and housing market see continued challenges, according to Freddie Mac’s latest Primary Mortgage Market Survey®. The 30-year fixed rate mortgage (FRM) averaged 6.72% this week, down very slightly from the 6.74% reported last week and the 6.73% observed last year.

Fixed-rate mortgage

Marco Santarelli

MAY 2, 2025

Mortgage Rates Drop and Remain Below 7% for 15 Straight Weeks Understanding the Numbers The latest data from the Freddie Mac Primary Mortgage Survey reveals that the average 30-year fixed-rate mortgage is currently hovering around 6.76%. The average 30-year fixed-rate mortgage is currently around 6.76%.

Fixed-rate mortgage

Marco Santarelli

MAY 9, 2025

In areas with higher home prices and consequently larger loan amounts, lenders might adjust their rates based on the perceived risk and the scale of investment. State-Specific Regulations: Each state has its own set of regulations governing the mortgage industry. Work on improving your credit score if necessary.

Mortgages

Marco Santarelli

NOVEMBER 8, 2024

The NAR's report confirms that lower mortgage rates play a critical role in stimulating demand, thereby contributing to higher home prices in many metropolitan areas. As the 30-year fixed-rate mortgage remains a primary choice for borrowers, even a minor decrease in interest rates can expand affordability.

Fixed-rate mortgage

Toronto Realty Blog

MAY 22, 2025

There’s no shortage of media coverage on this, but I’m going to pull from the following article in the Globe & Mail, which contains a slew of opinions from industry pundits. Then look at the proportion of people taking a 3-year or 4-year fixed rate mortgage. This number peaked at a whopping 56.1%

Fixed-rate mortgage

Marco Santarelli

JULY 31, 2025

More competition among lenders usually translates to better rates for borrowers. 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.

Mortgages

HomeLight

JULY 29, 2025

According to the latest data from Mortgage Bankers Association, the national median monthly mortgage payment in the U.S. This figure includes principal and interest based on current loan application data and assumes a 30-year fixed-rate mortgage.

Mortgages

Marco Santarelli

MAY 21, 2025

Adjustable Rates When selecting the right mortgage type, borrowers should weigh the options between fixed-rate and adjustable-rate mortgages (ARMs). Fixed-Rate Mortgages Advantages: Stability: Fixed-rate mortgages, particularly the 30-year option, offer predictable monthly payments.

Mortgages

RIS Media

FEBRUARY 20, 2025

Mortgage rates continued their downward trend, as the average 30-year mortgage rate decreased from 6.87% last week to 6.85% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, released Thursday.

Fixed-rate mortgage

Marco Santarelli

APRIL 24, 2025

Loan Sizes: The average size of a mortgage can influence rates, as larger loans may carry different risk profiles. State Regulations: Each state has its own set of regulations governing the mortgage industry. These regulations can impact lender costs and, ultimately, the rates they offer to borrowers.

Mortgages