Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
News for: Bankrate
Showing 289 - 312 of 360 results
Jun 20, 2025 9:00 AM
— Tax Breaks
New Tax Break Worth $6,000 May Come Soon For Older Americans
A new tax break for older Americans is being debated in Congress, with the House proposing a $4,000 additional deduction and the Senate proposing $6,000. This tax break would be on top of existing deductions for individuals 65 and older. The proposal aims to put more money back in people's pockets, especially for lower-income taxpayers.
Jun 19, 2025 11:00 AM
— Mortgage Lenders
How to Finance a Mobile or Manufactured Home
The article discusses various options for financing the purchase of mobile homes, as traditional mortgages may not be a viable choice due to lower sales prices and high depreciation rates. Options include FHA loans, MH Advantage mortgages, Freddie Mac Home Possible program, VA loans, chattel loans, and personal loans. The article also highlights the importance of credit scores, the stability of th... more
Jun 19, 2025 5:03 AM
— Tax Bills and their Impact on Taxpayers
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes
The article discusses the differences between the Senate and House versions of a tax bill, focusing on key tax measures such as state and local taxes deduction, child tax credit, and tax breaks for tips and overtime pay. The differences in the bills could delay the passing of the final bill, with the Senate proposing a lower cap on the state and local tax deduction and less generous boosts to the ... more
Jun 19, 2025 1:00 AM
— Mortgage Rates
The Federal Reserve’s Latest Dot Plot, Explained – And What It Says About Interest Rate Cuts
The Federal Reserve's dot plot shows projections for future interest rates, providing insight into the committee's reaction to economic data and predicted growth. However, these projections are not set in stone and can change as more information becomes available. The dot plot helps guide market expectations for Fed moves, impacting borrowing costs like mortgage rates.
Jun 18, 2025 6:01 AM
— Cryptocurrency Regulation
What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers
The article discusses the GENIUS Act, a proposed bill aimed at regulating stablecoins in the cryptocurrency market to increase their use in everyday transactions. Stablecoins are a type of cryptocurrency tied to a real-world currency like the US Dollar. The act focuses on making stablecoins more stable and safer, but critics argue that it could result in a potential bailout of the cryptocurrency s... more
Jun 18, 2025 5:03 AM
— Mortgage Lenders
Auto Loan Early Payoff Calculator
The article discusses how to use an auto loan early payoff calculator to determine how to pay off a car loan early and save money. It covers factors such as interest rates, loan amount, repayment terms, prepayment penalties, and the benefits of making extra payments on the principal.
Jun 18, 2025 4:00 AM
— Mortgage Rates
Majority of rates decline as Fed meets this week | Mortgage and refinance rates for today, June 18, 2025
Bankrate data shows that mortgage interest rates for 30-year fixed, 15-year fixed, and jumbo mortgages decreased, while rates for ARM loans increased. The latest Consumer Price Index indicates slight inflation, with the Federal Reserve expected to keep rates steady. Current average rates for a 30-year fixed mortgage is 6.86%, a 15-year fixed mortgage is 6.08%, and a 5/1 ARM is 6.07%. There are con... more
Jun 18, 2025 3:00 AM
— Interest Rates
High-yield savings rates today: June 16, 2025 | Many banks are still offering a top yield of 4.30% APY
The annual inflation rate increased to 2.4 percent in May, potentially leading the Federal Reserve to hold off on cutting its benchmark federal funds rate. High-yield savings accounts offer a safe way to earn interest, with top yields remaining at 4.30% APY as of mid-June. With inflation on the rise, experts expect the Fed to keep interest rates steady, providing more time to assess the impact of ... more
Jun 17, 2025 5:01 AM
— Mortgage Lenders
Major Sapphire Reserve changes ahead: Chase launching a new business card and increasing annual fees
Chase Sapphire Reserve is undergoing a major revamp, with an increase in the annual fee to $795 for both personal and business cards. The cards will come with new benefits and features designed for luxury travel and lifestyle experiences, as well as an increased earning rate in certain categories. The Points Boost program will also be introduced to enhance points redemption. Current cardholders an... more
Jun 16, 2025 3:01 AM
— Economic Impact of Tariffs
Survey: The Majority Of Americans Believe Tariffs Will Worsen Their Personal Finances
Despite some improvements in inflation and borrowing costs since Trump's election, Americans still feel poorly about the U.S. economy. More than half believe it is headed in the wrong direction, with most expressing concerns about tariffs. The sentiment is divided along party lines, with Republicans more optimistic than Democrats and Independents. Younger generations are more pessimistic about the... more
Jun 12, 2025 6:02 AM
— HELOC Rates
HELOC rates reverse course while home equity loans stay steady
The average rate on a $30,000 home equity line of credit (HELOC) fell slightly this week but remains close to its highest level of the year. Home equity loan rates are unchanged and near a low in 2025. Deciding between a HELOC and a fixed-rate home equity loan depends on financial goals and how funds will be used. Rates are driven by lender competition and the Federal Reserve's actions. Experts fo... more
Jun 11, 2025 11:00 AM
— Mortgage Lenders
How the $1,000 ‘Trump accounts’ for American babies compare to 529s and custodial Roth IRAs
President Donald Trump and American business leaders are celebrating a provision in his tax bill that would create investment accounts for babies born in the next few years, with benefits similar to retirement accounts. These 'Trump accounts' aim to contribute to the success of newborn babies and have similarities to 529 savings plans and Roth IRAs.
Jun 11, 2025 7:00 AM
— Mortgage Lending
Who pays for safety? Body shops say insurers increasingly refuse to cover full OEM collision repairs
Insurance companies are increasingly refusing to fully cover the cost of auto repairs, leading to disputes between repair shops and insurers over safety inspections required by auto manufacturers. Repairers are often not paid for necessary repair operations, leaving them with the option of billing customers or completing work for free. This trend has been escalating in recent years, causing concer... more
Jun 10, 2025 8:00 AM
— Housing Market
Housing Market Predictions For The Rest Of 2025
The housing market in the second half of 2025 is predicted to have a favorable outlook if mortgage rates improve, although rising prices and slowing construction could still cause issues for buyers. Experts expect the average 30-year mortgage rate to remain in the 6% range for most of the year, with some fluctuations. Home prices are expected to continue rising, but at a slower pace than previous ... more
Jun 9, 2025 8:00 AM
— Interest Rates
Best CD Rates Today: June 9, 2025 | Top APY Holds Steady At 4.49%
A certificate of deposit (CD) is a savings account with a fixed interest rate for a specific term. The top CD rates have remained steady in June, and upcoming Federal Reserve decisions may provide more stability. Opening a CD requires personal information and funding with at least the minimum balance. CD rates are influenced by Federal Fund rate changes.
Jun 9, 2025 4:10 AM
— Mortgage Rates
Rates down: Will they keep falling? - Today's mortgage and refinance rates for June 9, 2025
Mortgage rates decreased across all terms compared to the previous week due to data showing slowing job growth. The Federal Reserve is not expected to slash rates at the upcoming meeting. Average rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans are provided. Concerns about the economic effects of tariffs and the tax bill could impact mortgage rates in the future.
Jun 8, 2025 9:03 PM
— Housing Market
Study: Owning a home costs over $21,000 a year in hidden expenses
Bankrate conducted a study on the hidden costs of homeownership in the U.S. in 2025, finding that the average annual costs amount to $21,400 per year. These hidden costs include property taxes, homeowners insurance, utilities, internet and cable bills, and maintenance and repairs. Homeownership costs have climbed in recent years due to inflation, rising interest rates, and a competitive housing ma... more
Jun 7, 2025 3:03 AM
— Mortgage Rates
Why High Mortgage Rates Mean It’s Time to Save, Not Buy
The article discusses how high mortgage rates can create an opportunity for savers by connecting mortgage rates and savings rates. It advises potential buyers to pause their home search, put money into high-yield savings accounts, and wait for better borrowing conditions. By increasing their down payment and saving for a smarter purchase down the road, consumers can benefit from higher yields on s... more
Jun 5, 2025 11:00 AM
— Home Equity Loans
HELOC rates jump to near 2025 highs; home equity loans tick up too
Home equity rates, including HELOC rates, have risen recently but are still lower than at the beginning of 2025. HELOCs and home equity loans are influenced by lender competition and Federal Reserve actions. Despite the recent uptick in rates, experts forecast that rates will continue to decline in 2025, potentially dropping to their lowest level in three years. Home equity loans tend to be less e... more
Jun 4, 2025 2:00 PM
— Mortgage Rates
Mortgage rates dip again, still near 7%
The article discusses the current mortgage rates, the factors influencing them, and the impact of inflation on mortgage rates. It also mentions that mortgage rates are likely to stay in the 6.5 percent to 7 percent range for the near future.
Jun 4, 2025 3:03 AM
— Mortgage Rates
Mortgage Rate News
Bankrate's experts provide the latest mortgage news, rates, and insights supported by data and personal experience.
Jun 3, 2025 3:00 PM
— Home Equity Loans
Should you tap your home equity in a recession?
Shannon Martin and her husband took out a personal loan to renovate their run-down Victorian Era home. They plan to pay off the loan with a HELOC later in the year but face uncertainty due to potential economic downturns and recession. Martin's dilemma raises the question of tapping into home equity during uncertain times.
Jun 3, 2025 8:24 AM
— Mortgage Rates
Rates go down: Will it continue? - Current mortgage and refinance rates for June 3, 2025
Average mortgage rates for various terms have decreased compared to a week ago, but 30-year borrowing costs are still near 7 percent. Despite the high rates, there is pent-up housing demand, and any significant decrease in mortgage rates could help release this demand. The article also mentions concerns about the economic effects of tariffs and the tax bill on mortgage rates in the future.
Jun 3, 2025 3:03 AM
— Mortgage Rates
Most rates decline: Will it continue? | Current mortgage and refinance rates for June 2, 2025
National mortgage rates for 30-year fixed, 15-year fixed, and jumbo mortgages have mostly decreased, while rates for ARM loans have risen. The median national existing-home price is at a record high of $414,000. The 30-year fixed mortgage rate is currently at 6.93 percent, with other rates for different loan types also listed. There are concerns about the economic effects of tariffs and the tax bi... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.