News for: CBS News
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Mar 3, 2026 7:30 AM
— Interest Rates
What are today's mortgage interest rates: March 3, 2026?
FreddieMac recently listed average mortgage interest rates under 6%, with some qualified borrowers being able to secure rates closer to 5%. Mortgage rates surged in 2023 but declined in 2024 and 2025. As of March 3, 2026, average rates for a 30-year mortgage are 5.87% and for a 15-year term are 5.37%. It is recommended for borrowers to shop around for lenders and rates online, especially with a po... more
Mar 2, 2026 9:35 AM
— Interest Rates
What are today's mortgage interest rates: March 2, 2026?
Homebuyers and homeowners are eager to see what actions the Federal Reserve may take in their upcoming meeting in March, especially after interest rates were cut three times at the end of 2025. Mortgage interest rates have already dropped significantly in 2025, and some qualified borrowers can secure rates in the 5% range. It is advised to research and shop for rates now, as waiting for further ra... more
Feb 28, 2026 5:30 AM
— Mortgage Rates
What are today's mortgage interest rates: February 27, 2026?
As of February 27, 2026, the average mortgage interest rate on a 30-year mortgage is 5.87% and 5.37% for a 15-year term. Refinance rates are at 6.47% for a 30-year mortgage and 5.64% for a 15-year option. Borrowers are advised to shop around online for the best rates, but those with higher credit scores will receive the most competitive offers.
Feb 28, 2026 4:31 AM
— Mortgage Rates
Could mortgage interest rates ever be 3% again? 3 things to know this March
FreddieMac reported the average 30-year mortgage interest rate dropped below 6% for the first time since 2022, sparking borrower interest. While rates are still higher than the historic low of 3% from a few years ago, experts advise against waiting for such rates to return. Mortgage rates are influenced by various factors, and the current environment shows gradual improvement. It is unlikely that ... more
Feb 28, 2026 4:30 AM
— Mortgage Rates
This simple tip can save you tens of thousands of dollars on your mortgage, experts say
Mortgage rates have fallen to their lowest levels in years, with the average rate for a 30-year mortgage dropping below 6%. Experts recommend shopping around for the best loan to potentially save tens of thousands of dollars, as rates can vary significantly between lenders. Despite expectations that rates will hover around 6% for the year, homebuyers can still find lower-cost loans as lenders comp... more
Feb 25, 2026 7:30 AM
— Mortgage Rates
What's the mortgage interest rate forecast for March 2026?
Mortgage rates have fluctuated significantly in recent years, with rates reaching high points in October 2023 and then slowly decreasing due to Federal Reserve rate cuts, cooling inflation, and declining Treasury yields. Experts predict that mortgage rates will remain steady or slightly decrease in March 2026, with average rates nationwide sitting below 6%. The Federal Reserve meeting in March wil... more
Feb 19, 2026 6:30 PM
— Mortgage Rates
Pandemic home mortgage rates are locked in but those rates are becoming less common, with other homes increasing their rates
Homeowners who acquired low mortgage rates are hesitant to sell their homes due to the increasing home mortgage rates. This has resulted in a decrease in inventory in the housing market. However, as mortgage rates are expected to drop this year, there may be an uptick in inventory. The National Association of Realtors predicts that just a 1% decrease in mortgage rates could add around 5.5 million ... more
Feb 19, 2026 6:31 AM
— Mortgage Rates
What are today's mortgage interest rates: February 19, 2026?
As the spring home buying season approaches, borrowers are encouraged to start considering their mortgage rate options now, as rates are considerably lower than they were one year ago. Locking in a rate now could potentially avoid complications in the future due to increased competition and higher home prices. Refinance rates are also lower, presenting opportunities for current owners with high ra... more
Feb 14, 2026 4:30 AM
— Mortgage Rates
What are today's mortgage interest rates: February 13, 2026?
The article discusses the recent changes in the economy, including a drop in unemployment and declining inflation. Mortgage interest rates are now near their lowest levels since 2022, with rates closer to 5% available for buyers and owners who shop around for lenders. This could be a stable time to explore mortgage options, as rates are competitive now. The average mortgage interest rates for a 30... more
Feb 12, 2026 7:30 AM
— Mortgage Rates
What are today's mortgage interest rates: February 12, 2026?
Mortgage interest rates are impacted by various factors including the Federal Reserve, 10-year Treasury yield, unemployment rate, and inflation rate. Rates are currently low, with the average 30-year mortgage rate at 5.99% and the average refinance rate at 6.67%. Shopping for rates and lenders is recommended to potentially find better deals. Refinancing now could lead to substantial savings for th... more
Feb 11, 2026 11:30 AM
— Mortgage Rates
How to get a mortgage interest rate close to 5% this February
In recent years, mortgage interest rates were high, hovering around 6% due to inflation and high interest rates. However, rates have dropped to 3-year lows in late 2025, potentially allowing qualified borrowers to secure rates close to 5% in February 2026. Options include adjustable-rate mortgages, purchasing mortgage points, and exploring 15-year mortgage terms.
Feb 9, 2026 9:32 AM
— Mortgage Rates
What are today's mortgage interest rates: February 9, 2026?
February is a good time for homebuyers and owners to explore mortgage rate options as there are no major events affecting rates, inflation has remained stable, and rates have declined since 2025. Average rates for a 30-year mortgage are 5.99% and for a 15-year mortgage are 5.37%. Refinance rates are slightly higher but still competitive. With rates stable, buyers should shop around for the best ra... more
Feb 5, 2026 7:30 AM
— Housing Market
Why now is a good time to start house-hunting
Home prices in the U.S. have been dropping for the past six months, making homes more affordable. Factors contributing to this include seasonal trends and weak demand from buyers due to labor market uncertainty and increased mortgage rates. Zillow expects 20 major housing markets to be more affordable in 2026 than they have been since 2020, with more homes listed for sale compared to the previous ... more
Feb 4, 2026 11:30 AM
— Mortgage Rates
How much will a $500,000 mortgage cost monthly in 2026?
Mortgage interest rates declined in 2025 by more than a full percentage point, with rates now averaging under 5%. This makes 2026 a more affordable time to secure a mortgage, with a $500,000 mortgage costing between $2,995 and $4,085 monthly. Borrowers can also consider refinancing opportunities in the future to potentially secure even lower rates.
Feb 3, 2026 8:30 PM
— Mortgage Rates
What are today's mortgage interest rates: February 3, 2026?
In February 2026, the average mortgage interest rate for a 30-year term is 5.99%, almost a full percentage point lower than in February 2025. The rates have remained stable recently, providing an opportunity for homebuyers and owners to secure lower rates. Refinancing options are also attractive with rates under 6% for both 30-year and 15-year terms.
Jan 31, 2026 4:31 AM
— Mortgage Rates
Here's what happened to mortgage rates in January (and what could happen next)
In early 2026, mortgage interest rates have remained stable following three cuts by the Federal Reserve at the end of 2025, resulting in the lowest rates since 2022. Both purchase and refinance rates have stayed relatively constant throughout January, with minor decreases compared to the beginning of the month. The stability in rates is expected to continue into February, as no Fed rate cut is sch... more
Jan 21, 2026 12:30 PM
— Mortgage Rates
Trump touts policies aimed at promoting homeownership in Davos speech
President Trump spoke at the World Economic Forum in Davos, Switzerland, where he announced plans to promote homeownership in the U.S. by pushing for lower mortgage rates, restricting institutional investors from buying single-family homes, and capping credit card costs. However, experts believe these measures may not fully address the rising home prices driven by various factors like supply short... more
Jan 19, 2026 9:33 AM
— Tax Deductions for Homeowners
Are you a homeowner? Here are some of the tax deductions you might qualify for this tax season.
Homeowners in the U.S. are preparing to file their taxes and may wonder about deductions. The mortgage interest deduction remains one of the chief tax breaks for homeowners, but fewer people claim it since the Tax Cuts and Jobs Act. The standard deduction for 2025 is $15,750 for single filers and $31,500 for married couples. Changes this year include the expansion of the state and local tax (SALT)... more
Jan 19, 2026 9:30 AM
— Mortgage Rates
Will mortgage rates drop below 5% in 2026? Here's what experts say.
Mortgage rates have been steadily decreasing over the past year and have reached their lowest point in over three years. There is speculation on whether rates could drop below 5%, but experts find it highly unlikely. Factors such as inflation, labor market strength, and economic growth play a significant role in determining mortgage rates. While industry forecasts predict rates to finish the year ... more
Jan 19, 2026 4:30 AM
— Mortgage-related Media Outlets
Mortgage rates are dropping. Should you refinance?
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Jan 16, 2026 8:30 AM
— Mortgage Rates
What are today's mortgage interest rates: January 16, 2026?
The article discusses how mortgage interest rates have declined in recent years, making it a more affordable time to buy or refinance a home. As of January 16, 2026, average mortgage interest rates for 30-year terms are at 5.87% for purchases and 6.58% for refinancing. Waiting for the perfect rate is not recommended, as rates are already comfortably under 6% for qualified borrowers. It is suggeste... more
Jan 15, 2026 1:30 PM
— Interest Rates
Mortgage rates fall to 3-year low, offering relief for homebuyers
The average interest rate on a conventional mortgage in the U.S. dropped to 6.06%, the lowest level in more than three years. A recent dip in mortgage rates has spurred homebuying activity, with purchase applications on the rise and more owners acting to refinance their loans. Although mortgage rates are easing, homeownership remains beyond the means of many Americans due to rising home prices. Pr... more
Jan 15, 2026 7:30 AM
— Mortgage Rates
What are today's mortgage interest rates: January 15, 2026?
The article discusses how various economic reports and events can impact the mortgage interest rate environment. It mentions that mortgage interest rates have dropped significantly compared to the previous year and provides information on current average rates for both 30-year and 15-year mortgages. It advises borrowers to consider refinancing options based on potential savings with lower rates.
Jan 14, 2026 6:30 AM
— Mortgage Rates
What are today's mortgage interest rates: January 14, 2026?
The article discusses how mortgage interest rates have declined in 2025 and could continue to decrease. The current average rates for a 30-year term mortgage is 5.99% and for a 15-year term is 5.25%. It advises buyers to shop around for rates to potentially find lower offers, which could result in significant savings over the life of the loan. The article emphasizes the importance of not comparing... more
DISCLAIMER: LoanGlass (previously known as mortgage-rates.ai) is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. LoanGlass is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
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.