Housing Wire

FEBRUARY 26, 2025

Increasing for-sale inventory in some markets has provided prospective buyers more options as we approach the spring homebuying season. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 7.00% from 7.03%.

Fixed-rate mortgage

HomeLight

JANUARY 31, 2025

Fixed-rate mortgages are the most popular mortgages on the market, but they may not be right for every homebuyer in every situation. Adjustable-rate mortgage loans (ARMs) offer options for borrowers who would benefit from a different approach to financing their mortgage due to specific life events or financial situations.

Loans

Marco Santarelli

DECEMBER 29, 2024

Lender Competition: A competitive lending environment can lead to better rates for consumers. Understanding these variables is vital for borrowers, as it helps them anticipate potential mortgage costs and make informed decisions regarding their loans.

Mortgages

Marco Santarelli

DECEMBER 27, 2024

Sam Khater, Freddie Macs Chief Economist, suggests that while there are slight improvements in new and existing home sales, a significant undersupply of homes continues to challenge the market. This situation may lead potential buyers to act sooner rather than later, as waiting could result in even higher rates.

Fixed-rate mortgage

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

Marco Santarelli

DECEMBER 21, 2024

An increase in buyer demand, coupled with a limited supply of homes available for sale, can lead to higher competition among buyers. 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.

Mortgages

Marco Santarelli

APRIL 1, 2025

For the benchmark 30-year fixed-rate mortgage , we're looking at an average of 6.55%. Now, four basis points might sound small, but in the world of mortgages, every little bit counts. For someone borrowing a significant amount of money, even a slight decrease can translate into real savings over the life of the loan.

Fixed-rate mortgage

Marco Santarelli

FEBRUARY 28, 2025

The mortgage market can seem like a totally different language, especially when rates are going up and down like a rollercoaster. That's why it's super important to understand the basics of these rates and what kind of loans are out there. It could be a smart move, especially with rates dropping! It's a trade-off!

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

Marco Santarelli

MAY 31, 2025

As of May 31, 2025, mortgage rates have decreased, offering homeowners and potential buyers advantageous conditions for both purchasing new homes and refinancing existing loans. The 30-year fixed mortgage rate has declined to 6.84% , while the 15-year fixed mortgage rate has notably dipped to 5.99%.

Mortgages

Marco Santarelli

APRIL 7, 2025

Refinance Rates also Drop : Average refinance rates for 30-year loans are at 6.43%. Impact of Economic Factors : Recent tariff announcements and economic fluctuations influence these rates. Spring Home-Buying Season : The current market conditions could favor buyers as more homes are listed for sale.

Mortgages

Marco Santarelli

MAY 27, 2025

This typically indicates a cautious approach to monetary policy, limiting any dramatic shifts in mortgage rates in the near future. To illustrate how these rates translate into real-world costs, lets consider a $400,000 mortgage loan. for 30-year fixed mortgages by 2026, down from the current levels.

Mortgages

Marco Santarelli

JUNE 9, 2025

Current Mortgage and Refinance Rates To gauge how mortgage rates are currently positioned, we can look at several key categories: conforming loans, government loans, and jumbo loans. Below is the breakdown of the current rates by loan type.

Mortgages

Marco Santarelli

APRIL 18, 2025

On April 18, 2025, mortgage rates remain relatively favorable compared to last year, despite experiencing weekly fluctuations. The average for 30-year fixed-rate mortgages is around 6.71% , and for 15-year fixed mortgages, its approximately 6.01%. Is Now a Good Time to Lock in a Mortgage Rate?

Mortgages

Marco Santarelli

APRIL 18, 2025

On April 18, 2025, mortgage rates remain relatively favorable compared to last year, despite experiencing weekly fluctuations. The average for 30-year fixed-rate mortgages is around 6.71% , and for 15-year fixed mortgages, its approximately 6.01%. Is Now a Good Time to Lock in a Mortgage Rate?

Mortgages

Marco Santarelli

FEBRUARY 26, 2025

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. Looking at a $300,000 Mortgage Now, let's consider a $300,000 mortgage.

Mortgages

Marco Santarelli

JUNE 2, 2025

Current Mortgage Rate Overview For individuals looking to purchase a home, understanding the different types of mortgage interest rates available is essential. The most common types are fixed-rate mortgages and adjustable-rate mortgages (ARMs).

Mortgages

Norada Real Estate

APRIL 19, 2025

Influence of Federal Reserve: Powell's remarks about interest rates and tariffs hint at ongoing economic changes. Understanding Today's Mortgage Rates Mortgage rates are significant because they determine how much interest homeowners will pay over the life of their loan.

Mortgages

Marco Santarelli

APRIL 19, 2025

Influence of Federal Reserve: Powell's remarks about interest rates and tariffs hint at ongoing economic changes. Understanding Today's Mortgage Rates Mortgage rates are significant because they determine how much interest homeowners will pay over the life of their loan.

Mortgages

Marco Santarelli

APRIL 12, 2025

Adjustable Rates When considering mortgage options, many face the choice between fixed-rate and adjustable-rate mortgages (ARMs). Fixed-Rate Mortgages Pros: Consistency: Monthly payments remain stable throughout the life of the loan, which allows for easier budgeting.

Mortgages

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

JANUARY 19, 2025

Volatile Future : Mortgage rates may rise again depending on economic factors. Rate Types : Various loan types have different average rates, significantly affecting monthly payments. What Are Today's Mortgage Rates? Understanding how these rates translate into actual savings is essential.

Mortgages

Marco Santarelli

APRIL 22, 2025

Fixed-Rate Mortgages : These mortgages offer the security of locked-in interest rates from the outset. For example, if you opt for a 30-year fixed-rate mortgage with a rate of 6.81% , your payments will stay the same throughout the loan term.

Mortgages

Norada Real Estate

JUNE 8, 2025

As of today, June 8, 2025, mortgage rates for various home loan types show varying trends. The national average for a 30-year fixed mortgage rate slightly declined to 7.03%, marking a decrease from the previous week. The most popular option is the 30-year fixed-rate mortgage.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How to Buy a House in New York Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Purchase and sale agreement

Marco Santarelli

JANUARY 11, 2025

As of early January 2025, the average rate for a 30-year fixed mortgage is around 7.11% according to recent data at Mortgage News Daily. Despite the Federal Reserve's efforts to cut interest rates on loans and credit cards, mortgage rates havent budged significantly.

Mortgages

Marco Santarelli

APRIL 23, 2025

Inflation: Inflation is the rate at which prices for goods and services are rising. When inflation is high, mortgage rates tend to be higher as well. If there are more buyers than homes for sale (a seller's market), prices tend to go up, and vice-versa. while the 15-year fixed-rate mortgages are around 6%.

Mortgages

Marco Santarelli

MAY 20, 2025

And, as we all know, where treasury yields go, mortgage rates often follow. How It's Impacting Mortgage Rates The increase in treasury yields has directly impacted mortgage rates. As of May 19, 2025, the average 30-year fixed-rate mortgage has climbed to 7.04% , according to Mortgage News Daily.

Mortgages

Marco Santarelli

JANUARY 25, 2025

Today's Refinance Rates at a Glance Alright, lets get straight to the good stuff the actual rates. There still aren't many houses for sale, though, which keeps prices supported. VA Loan Advantages: If youre a veteran or on active duty, you should definitely pay attention to this. lower than conventional 15-year loans!

Mortgages

Marco Santarelli

APRIL 27, 2025

According to data from Zillow, the average 15-year fixed rate is at 6.00% , signifying a drop of 11 basis points. This decline could encourage many to ponder purchasing a new home or refinancing their existing loans. The rates not only affect monthly payments but also the overall cost of a loan over its lifetime.

Mortgages

Marco Santarelli

JUNE 12, 2025

After months of relatively elevated rates, even small decreases can make a substantial difference in affordability for many homebuyers. The 15-year fixed mortgage rate slipped below 6% for the first time in weeks. Bond Market Movements Mortgage rates closely correlate to yields on 10-year Treasury notes.

Mortgages

Marco Santarelli

APRIL 18, 2025

Think of it this way: More homes for sale: Gives you more options and potentially more room to negotiate. The ARM Race: Adjustable-Rate Mortgages Gain Popularity With those higher rates, its no surprise that more buyers are turning to adjustable-rate mortgages (ARMs). A year ago, rates averaged 7.1%.

Fixed-rate mortgage

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

HomeLight

MARCH 26, 2025

If youre finding it difficult to sell your home in the current market, buying down the interest rate for buyers may be a solution. By helping reduce the buyers loan rate at least temporarily you can make your property more attractive without lowering your asking price. How does buying down the interest rate work?

Pre-approval

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

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

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