News

Rates on new 30-year mortgages fell for the first three days this week, then remained essentially flat Thursday. Rates ...
Rates on 30-year new purchase mortgages fell another 2 basis points Wednesday, for a three-day drop of 20 points that takes ...
After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...
The economic headlines are full of recession indicators, from tariffs and a potential trade war to wild stock market swings.
Metro Phoenix home sales climbed in March as mortgage rates ticked down. Sales prices held steady even as the supply of ...
Mortgage rates are falling, but that doesn’t necessarily mean buying a home is about to get cheaper. The 30-year fixed-rate ...
You may also be tempted to buy down your mortgage rate so you’re able to pay less money each month. Buying down your rate means paying more money up front in exchange for a lower rate.
One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...
Buying down a mortgage rate could pay off — if you stay in your home for a long time. It’s not always the best idea to buy down your rate. Think about how long you expect to carry your ...
Mortgage rates are falling, but that doesn’t necessarily mean buying a home is about to get cheaper. The 30-year fixed-rate mortgage fell 2 basis points to 6.62% as of April 10, and was down ...
The rise in mortgage rates echoes moves in the 10-year Treasury yield, which lenders use as a guide to pricing home loans.