Housing Wire

APRIL 30, 2025

Mortgage application activity, particularly for home purchases, continues to be subdued by broader economic uncertainty and signs of labor market weakness, dropping to the slowest pace since February, said Kan. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.88% from 6.90%.

Fixed-rate mortgage

Housing Wire

MARCH 26, 2025

Additionally, VA purchase applications saw a modest increase over the week. Added Kan, Markets remained focused on potential trade policy changes, while the Fed held the funds rate [at] its current level, resulting in the 30-year fixed rate averaging 6.71% last week. the week prior.

Fixed-rate mortgage

Housing Wire

FEBRUARY 19, 2025

Mortgage rates decreased on average over the week, as markets brushed off unexpectedly strong inflation data. The seasonally adjusted purchase index decreased 6% from one week earlier while the unadjusted Purchase Index decreased 1% during the same week. Compared to the same time last year, the unadjusted index was 7% higher.

Fixed-rate mortgage

Marco Santarelli

JANUARY 2, 2025

As per the latest data from Zillow , the average 30-year fixed mortgage rate has climbed to 6.70% , while the 15-year fixed rate has increased to 6.10%. The rising rates may present challenges, but understanding the trend can provide some clarity for those looking to navigate this complex market.

Mortgages

Marco Santarelli

APRIL 16, 2025

Today's Mortgage Rates April 16, 2025: Big Drop in Rates as Treasury Yields Fall Key Takeaways Mortgage rates for April 16, 2025, have fallen substantially from last week. 30-Year fixed-rate mortgage now averages 6.78% , an eight basis-point drop.

Fixed-rate mortgage

Marco Santarelli

DECEMBER 31, 2024

This trend reinforces the idea that now could be an advantageous time to engage in the housing market, especially as rates are projected to gradually decline further in 2025. 20-Year Fixed 6.48% -0.10 15-Year Fixed 6.03% -0.09 30-Year VA 6.08% -0.04 15-Year VA 5.63% -0.07 5/1 VA 6.27% -0.03

Mortgages

Marco Santarelli

MARCH 4, 2025

However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown. It signifies a potentially more favorable environment for entering the housing market or adjusting your current mortgage terms. mortgage rates.

Mortgages

Marco Santarelli

DECEMBER 21, 2024

Popular Mortgages: The 30-year fixed mortgage remains the favored option for most borrowers. Mortgage rates are influenced by various economic factors, including decisions made by the Federal Reserve, recent economic data, and forecasts about the housing market. Cons : Future payments unpredictability.

Mortgages

Marco Santarelli

DECEMBER 22, 2024

As of December 22, 2024, the average 30-year fixed mortgage rate has increased to 6.67% , marking its highest point since June 2024. Understanding these rates is important for making informed decisions in the housing market, whether you're buying a home or refinancing your current mortgage.

Mortgages

Marco Santarelli

DECEMBER 28, 2024

Understanding today's mortgage rates can be quite overwhelming, especially with all the fluctuations in the market. As of December 28, 2024, mortgage rates are showing a blend of stability and slight increases, which could impact potential buyers and homeowners looking to refinance.

VA loan

Marco Santarelli

DECEMBER 22, 2024

As of December 22, 2024, heres how the refinance rates compare to the previous week: Loan Type Rate (%) 1 Week Change (%) APR (%) 30-Year Fixed Refinance 6.71 -0.01 15-Year Fixed Refinance 5.94 -0.10 Government Loans (FHA/VA) : These loans typically cater to those who might not qualify for conventional mortgages.

Mortgages

Marco Santarelli

APRIL 30, 2025

Today's Mortgage Rates – April 30, 2025: Rates Drop for Homebuyers Key Takeaways Mortgage Rates Decrease: The average 30-year fixed mortgage rate is now 6.59% , while 15-year fixed rates are at 5.91%. This is a crucial metric to consider when weighing whether to refinance.

VA loan

Norada Real Estate

JULY 3, 2025

As of July 3, 2025, mortgage rates have slightly decreased, with the national average for a 30-year fixed mortgage rate at 6.78% , down from 6.79% the previous week. This subtle shift signals a stable trend in the mortgage market, reflecting broader economic conditions.

Loans

Marco Santarelli

APRIL 12, 2025

As of April 12, 2025, mortgage rates have seen a noticeable increase , reflecting the current volatility in the market. The 30-year fixed mortgage rate rose to 6.90% , while the 15-year fixed rate is now 6.21%. Refinance Rates Rise: The 30-year refinance rate is now 6.91%.

Mortgages

Marco Santarelli

MARCH 11, 2025

In the current economic climate, understanding mortgage rates is essential for any potential homebuyer or homeowner considering refinancing. The interplay between current market conditions, Federal Reserve policies, and external economic indicators can create a complex landscape.

Fixed-rate mortgage

Marco Santarelli

MAY 14, 2025

Today's Mortgage Rates – May 14, 2025: Rates Jump by 8 Basis Points After Inflation Data Key Takeaways Current Average Rates : 30-Year Fixed Mortgage : 6.84% ( 8 basis points) 15-Year Fixed Mortgage : 6.06% ( 1 basis point) Texas VA Loan : 5.78% (15-Year Fixed) Refinance Rates : Generally higher than new mortgage rates.

Mortgages

Marco Santarelli

MARCH 16, 2025

Refinance Rates: Refinance rates are also elevated, with the 30-year fixed at 6.61%. Shopping Around is Crucial: In this market, comparing lenders is more important than ever to find the best deal. Rates Expected to Remain High: Experts suggest rates will likely stay at these levels for the next few months.

Mortgages

Marco Santarelli

AUGUST 4, 2025

Both mortgage and refinance rates show moderate decreases, offering potential saving opportunities for buyers and homeowners looking to refinance. These subtle rate drops come amid a Fed policy pause, signaling a market cautiously optimistic about easing borrowing costs later this year.

Mortgages

Marco Santarelli

JULY 12, 2025

Understanding Adjustable Rate Mortgages (ARMs) Before diving deeper into the implications of the 5-year ARM rate , it's good to know what exactly an ARM loan is. Unlike fixed-rate mortgages where your interest rate stays the same for the life of the loan, ARMs have an interest rate that adjusts periodically.

Fixed-rate mortgage

Marco Santarelli

JANUARY 25, 2025

As of January 25, 2025, mortgage refinance rates are showing some interesting trends that could potentially benefit you. The market is certainly not what it was a couple of years ago with those rock-bottom rates, but its also not as high as it could be. lower than conventional 15-year loans! Inflation was at 2.9%

Mortgages

Marco Santarelli

FEBRUARY 28, 2025

Economists don't expect a big drop in rates for the rest of 2025. Now might be a good time to lock in lower rates. Understanding Current Mortgage Rates Okay, so what do these numbers actually mean ? That's why it's super important to understand the basics of these rates and what kind of loans are out there.

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 Ahead: Whats Next for Mortgage Rates?

Mortgages

Marco Santarelli

JUNE 30, 2025

For instance, the 20-year fixed rate dropped by 0.21%, while the 10-year fixed rate rose by 0.09%. This demonstrates that different loan terms can react uniquely to market conditions. VA loans saw minor increases, while the 15-year fixed rate for FHA loans saw a significant decrease of 0.71%.

Fixed-rate mortgage

Marco Santarelli

JUNE 6, 2025

Slight Variations by Loan Type : Other loan types have also experienced changes in rates, with the 15-year fixed mortgage rate rising to 6.02%. Economic Impact on Rates : Market conditions and economic indicators continue to directly affect mortgage rates.

Mortgages

Redfin

JULY 30, 2025

On top of that, it’s also smart to check your local housing market trends and mortgage interest rates. Here are the minimum credit scores needed to qualify for certain loans: Conventional loans: 620-660 Jumbo loans: 700 FHA loans: 500-580 VA loans: no requirement USDA loans: typically 620, but can be lower 8.

Pre-approval

Marco Santarelli

JUNE 30, 2025

Let's dive into what this means for you and the broader housing market. Today's Mortgage Rates: 5-Year ARM Surges to 7.62% on June 30, 2025 Navigating the world of mortgage rates can feel like trying to solve a complex puzzle. There are so many numbers, terms, and factors that influence where rates are headed.

Mortgages

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. While starter homes arent as widely available as they once were, they can still be found in certain markets. Is it still possible to buy a starter home? So, what is a starter home?

Marketing

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!

Fixed-rate mortgage

Marco Santarelli

JUNE 17, 2025

As of June 17, 2025, mortgage rates have remained stable, with the current average 30-year fixed mortgage rate at 6.93%. This rate shows no change from the previous week, indicating a period of stability in the housing finance market.

Mortgages

Norada Real Estate

JUNE 7, 2025

Refinance Rates : 30-year refinance rates average 7.31%. Market Trends : Job reports and rising bond yields are affecting mortgage rates. Mortgage rates are an essential factor for anyone considering buying a home or refinancing an existing mortgage. This rate currently stands at 6.83%.

Mortgages

Redfin

JULY 31, 2025

There are many alternative mortgage options, and you might overlook a program better suited to your financial situation. Common loan types include: Conventional Loan: Offers flexible down payment options as low as 3% with private mortgage insurance (PMI). FHA Loan: Require only 3.5%

VA loan

Norada Real Estate

JULY 5, 2025

Refinance Rates: The 30-year fixed refinance rate is currently 7.07% , maintaining stability. Government Loans: FHA and VA loans are seeing slight variances, with FHA 30-year fixed rates at 6.45% and VA rates at 6.31%.

VA loan

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

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%.

Mortgages

Marco Santarelli

MARCH 31, 2025

This rate environment makes careful shopping and understanding your loan options even more critical. Let's quickly touch on the different types of loans listed. Fixed-rate mortgages (like the 15-year, 20-year, and 30-year options) keep the same interest rate for the entire loan term.

Mortgages

Marco Santarelli

JUNE 20, 2025

Federal Reserve Policy: The Federal Reserve's monetary policy, particularly decisions regarding the federal funds rate, has a direct impact on interest rates across the board. Bond Market Activity: Mortgage rates are closely tied to the bond market, specifically the yield on 10-year Treasury bonds.

Mortgages

Marco Santarelli

JULY 1, 2025

15-Year Fixed Rate: While the monthly payments are higher, you'll pay off your mortgage much faster and save a significant amount on interest over the life of the loan. Adjustable-Rate Mortgages (ARMs): These loans have interest rates that can change over time, based on market conditions.

Mortgages