Mortgage News
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News for: ABC News
Showing 25 - 43 of 43 results
Nov 26, 2025 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate falls to 6.23%, ending a three-week climb
The average rate on a 30-year U.S. mortgage decreased after three weeks of increases, falling to 6.23% from 6.26%. Mortgage rates are influenced by factors like the Federal Reserve’s interest rate policies and bond market investors’ expectations. Lower mortgage rates have boosted homebuyers' purchasing power, leading to an increase in home sales.
Nov 6, 2025 10:07 AM
— Mortgage Rates
Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines
The average rate on a 30-year U.S. mortgage ticked up to 6.22% from 6.17% last week, after falling to its lowest level in over a year last week. Mortgage rates are influenced by various factors including the Federal Reserve's interest rate policy decisions. Lower mortgage rates benefit homebuyers and homeowners looking to refinance. Sales of previously owned homes have been sluggish, but accelerat... more
Oct 30, 2025 9:06 AM
— Mortgage Rates
Average long-term US mortgage rate dips to 6.17%, its lowest level in more than a year
The average rate on a 30-year U.S. mortgage fell for the fourth consecutive week to its lowest level in over a year, benefiting homebuyers and homeowners looking to refinance. The average rate on a 15-year fixed-rate mortgage also decreased. Mortgage rates are influenced by various factors, including the Federal Reserve's interest rate policy decisions and bond market investor expectations.
Sep 13, 2025 2:23 AM
— Mortgage Rates
Mortgage rates are falling fast. Is it a good time to buy a home?
The average interest rate on a 30-year fixed mortgage stands at 6.35%, which dropped from 6.5% in a week, marking the largest one-week drop in mortgage rates this year. The decline in mortgage rates is attributed to a significant decline in hiring, fueling expectations of an interest rate cut by the Federal Reserve. However, experts caution that trying to time the market or predict future rate mov... more
Sep 12, 2025 4:23 AM
— Mortgage Rates
Video Interest rate on housing mortgages drops
The article discusses how mortgage rates have recently increased, causing concern for potential homebuyers. Experts believe that this trend may continue as the economy improves and inflation rises.
Sep 11, 2025 9:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage falls to lowest level in nearly a year
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly a year, influenced by factors such as expected interest rate cuts from the Federal Reserve. Borrowing costs on 15-year fixed-rate mortgages also decreased. The Fed's actions can impact bond investors' appetite for long-term U.S. government bonds, which in turn influence home loan pricing. The housing market has be... more
Sep 8, 2025 4:23 AM
— Housing Market
Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on
The housing market is becoming more buyer-friendly as prices have started to decline in some areas. Sellers are facing pressure to offer better deals, including lower prices, funds to lower mortgage rates, and money for closing costs. More homes are going on sale and remaining unsold for longer periods of time due to reduced buyer interest. Some sellers have resorted to multiple price reductions, ... more
Sep 4, 2025 12:27 PM
— Interest Rates
Average rate on a 30-year mortgage drops to 6.5%, lowest level since last October
The average rate on a 30-year U.S. mortgage fell to 6.5% from 6.56% last week, giving prospective homebuyers more purchasing power. Borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors like the Fed's interest rate policy decisions and bond market expectations. Rates have been declining due to expectations of the Fed cutting its benchmark short-te... more
Aug 29, 2025 3:26 AM
— Mortgage Rates
Average rate on a 30-year mortgage slips to 10-month low
The average rate on a 30-year U.S. mortgage dropped to its lowest level in 10 months, but remains close to recent weeks. The rate eased to 6.56% from 6.58% last week, with 15-year fixed-rate mortgages staying unchanged at 5.69%. Elevated mortgage rates have contributed to a slowdown in the U.S. housing market that started in early 2022.
Aug 21, 2025 9:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months
The average rate on a 30-year U.S. mortgage remained steady at its lowest level in nearly 10 months, offering hope for homebuyers facing high financing costs. Meanwhile, the rate for 15-year fixed-rate mortgages slightly decreased. Stubbornly high mortgage rates have kept the housing market in a sales slump since early 2022, affecting home sales.
Aug 21, 2025 7:23 AM
— Mortgage Rates
US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly
Sales of previously occupied U.S. homes rose in July due to lower mortgage rates, slowing home price growth, and increased inventory. The median sales price inched up slightly to $422,400. The housing market has been struggling since 2022 when mortgage rates started to climb. However, last week, the average rate on a 30-year mortgage dropped to a 10-month low of 6.58%. With more homes available, b... more
Aug 14, 2025 7:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage drops to lowest level since October
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months, leading to increased mortgage applications, especially for refinancing. The decrease in rates may provide a boost to the stagnant housing market that has been affected by elevated mortgage rates in the past year.
Aug 7, 2025 8:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage drops to lowest level since April
The average rate on a 30-year U.S. mortgage has dropped to its lowest level in four months, providing relief to prospective homebuyers. The rate fell to 6.63% from 6.72% last week, while the rate for 15-year fixed-rate mortgages also decreased. High mortgage rates have contributed to a sales slump in the U.S. housing market, with home sales hitting their lowest level in nearly 30 years last year.
Jul 24, 2025 10:00 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated
The average rate on a 30-year U.S. mortgage slightly decreased this week, but remains high compared to previous years. Elevated mortgage rates are impacting the U.S. housing market, causing a sales slump since 2022. The main factors influencing mortgage rates include Federal Reserve interest rate policy decisions and bond market investors' expectations.
Jul 23, 2025 8:00 AM
— Housing Market
US home sales fade in June as prices soar to record levels
Sales of previously owned U.S. homes dropped in June to the slowest pace since last September due to high mortgage rates and record-high national median prices. Despite an increase in homes for sale, prices continue to rise as sales slow. First-time homebuyers are struggling with affordability, while those able to afford current rates or pay in cash are benefiting from more available properties. T... more
Jun 18, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage has eased for the third week in a row, providing relief to prospective homebuyers. The long-term rate fell to 6.81% from 6.84%, while borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate decisions and bond market expectations. High mortgage rates have been a d... more
May 30, 2025 8:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices, mortgage rates skew market
The U.S. housing market currently has more sellers than buyers, leading to less competition for homes and pressure on sellers to lower prices. This shift in balance between buyers and sellers is causing home prices to decline, with some metro areas already experiencing price drops. However, despite this shift in favor of buyers, the housing market may remain unaffordable for many Americans due to ... more
May 15, 2025 2:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April
The average rate on a 30-year mortgage in the U.S. rose to 6.81% from 6.76% last week, returning to where it was three weeks ago. Borrowing costs on 15-year fixed-rate mortgages also increased slightly. Mortgage rates are influenced by factors such as global demand for U.S. Treasurys, the Federal Reserve's interest rate policy decisions, and investors' expectations about the economy and inflation.
May 8, 2025 2:00 AM
— Mortgage Rates
Mortgage rates are falling. Is it a good time to buy a home?
Mortgage rates have dropped in early 2025, providing relief to homebuyers. However, economic uncertainty, including President Trump's tariffs and warnings of inflation, may impact future interest rates. Lower mortgage rates present an opportunity for buyers, but the housing market remains sluggish. Homebuyers face a "lock in" effect where current homeowners with lower rates are reluctant to sell, ... 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.