Mortgage News
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Showing 25 - 37 of 37 results
Aug 15, 2025 3:23 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, which could help boost homebuying activity in a stagnant housing market. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate policies and inflation. While the recent drop in rates has led to an increase in refinancing activity, affordability remains a major obstacle for ... more
Aug 7, 2025 10:23 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 fallen to its lowest level in four months, which is good news for prospective homebuyers. Mortgage rates influence the housing market and are impacted by factors like the Federal Reserve's interest rate policy, bond market expectations, and the 10-year Treasury yield.
Aug 1, 2025 8:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage eases again, offering modest relief for home shoppers
The average rate on a 30-year mortgage in the U.S. eased slightly, offering modest relief to homebuyers dealing with rising home prices and borrowing costs. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy decisions and bond market investors' expectations. Despite recent easing, economists still expect mortgage rates to remain above 6% this year, impacting h... more
Jul 17, 2025 11:00 AM
— Mortgage Rates
Average long-term US mortgage rate rises to 6.75%, second straight uptick
The average rate on a 30-year U.S. mortgage rose for the second week in a row to 6.75%, impacting the housing market that has been struggling with sales slump due to affordability constraints. Mortgage rates influence borrowing costs for homebuyers and their purchasing power. Yields on 10-year Treasury bonds influence mortgage rates, and economists expect rates to remain in the range of 6% to 7% f... more
Jul 3, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, providing optimism for potential home buyers. High mortgage rates have contributed to a sales slump in the U.S. housing market, with sales of new homes declining as well. However, recent data suggests a potential increase in sales in the coming months due to the recent decline in mor... more
Jun 26, 2025 2:00 PM
— Mortgage Rates
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, offering hope for homebuyers as high borrowing costs and rising prices have impacted the housing market. Sales of both existing and new homes have been sluggish, but there is optimism that sales could pick up in the future due to rising for-sale inventory. Mortgage rates are influenced by factors such as the Fede... more
Jun 23, 2025 7:00 AM
— Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of existing U.S. homes increased slightly in May, but the pace was still slow due to high mortgage rates and rising prices. The national median sales price rose to an all-time high, but the rate of growth slowed. Mortgage rates have remained relatively high, impacting affordability for potential buyers. Affordability constraints are limiting home purchases, particularly for first-time buyers... more
Jun 18, 2025 9:01 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 fell to 6.81% from 6.84% last week, with borrowing costs on 15-year fixed-rate mortgages also decreasing. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy and bond market yields. Higher mortgage rates have been affecting the housing market, keeping sales low and impacting both existing and new homes.
May 31, 2025 4:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
The U.S. housing market has more sellers than buyers, resulting in less competition for home listings and pressure on sellers to lower prices. Mortgage rates have been rising since 2022, affecting home sales. Some sellers have reduced prices or offered incentives. The market imbalance is expected to lower home prices by 1% by the end of the year. Despite favoring buyers, the housing market remains... more
May 29, 2025 3:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February
The average rate on a 30-year mortgage in the U.S. rose to 6.89%, the highest level since early February, impacting borrowing costs for homebuyers. Mortgage rates are influenced by various factors such as the Federal Reserve's interest rate policy, bond market expectations, and the 10-year Treasury yield. Rising mortgage rates have reduced purchasing power for potential homebuyers, leading to a sa... more
May 22, 2025 2:02 PM
— Housing Market
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously owned U.S. homes dropped in April due to elevated mortgage rates and rising prices, marking the slowest pace since 2009. Home prices continued to rise, reaching an all-time high in April. Affordability concerns due to higher mortgage rates have impacted the market, freezing out potential buyers. However, there has been an increase in home inventory, attracting more first-time b... more
May 22, 2025 12:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage in the U.S. rose to 6.86%, the highest since mid-February, which could slow down home sales in the spring buying season. Factors influencing mortgage rates include global demand for U.S. Treasuries, Federal Reserve's interest rate decisions, and bond market investors' expectations. The recent rise in rates is due to moves in the 10-year Treasury yield, causin... more
May 2, 2025 3:00 AM
— Housing Market
Home ownership further out of reach a rising prices, high mortgage rates widen affordability gap
The article discusses how home ownership is becoming increasingly out of reach for many Americans due to elevated mortgage rates and rising home prices. The analysis shows that a homebuyer now needs to earn at least $114,000 a year to afford the national median listing price of $431,250. Mortgage rates have increased significantly, with the average rate on a 30-year mortgage now at 6.76%. This hig... 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.
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