November 6, 2025 This week the 30-year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving. Information provided by Freddie Mac.
Mortgage Rates Continue to Trend Down
October 30, 2025 Mortgage rates decreased for the fourth consecutive week. The last few months have brought lower rates and homebuyers are increasingly entering the market. Information provided by Freddie Mac.
Mortgage Rates Decrease to Lowest Level in Over a Year
October 23, 2025 Mortgage rates continued to trend down this week, hitting their lowest level in over a year. At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower. … Continue reading
September Monthly Skinny Video
Mortgage Rates Decrease
October 16, 2025 Mortgage rates inched down this week and have held relatively steady over the past several weeks. Importantly, homeowners have noticed these consistently lower rates, driving an uptick in refinance activity. Combined with increased housing inventory and slower … Continue reading
Mortgage Rates Move Down
October 9, 2025 Mortgage rates decreased this week. Over the last few weeks, mortgage rates have settled in at their lowest level in about a year. There is growing evidence that homebuyers are digesting these lower rates and gradually are … Continue reading
Mortgage Rates Tick Down
May 4, 2023 This week, mortgage rates inched down slightly amid recent volatility in the banking sector and commentary from the Federal Reserve on its policy outlook. Spring is typically the busiest season for the residential housing market and, despite … Continue reading
March Monthly Skinny Video
The 30-year Fixed-rate Mortgage Continues to Inch Up
April 27, 2023 The 30-year fixed-rate mortgage increased modestly for the second straight week, but with the rate of inflation decelerating rates should gently decline over the course of 2023. Incoming data suggest the housing market has stabilized from a … Continue reading
After Weeks of Decline, Mortgage Rates Increase
April 20, 2023 For the first time in over a month, mortgage rates moved up due to shifting market expectations. Home prices have stabilized somewhat, but with supply tight and rates stuck above six percent, affordable housing continues to be … Continue reading
