Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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News for: CNBC
Showing 25 - 48 of 144 results
Mar 20, 2026 9:30 AM
— Mortgage Rates
The spring housing market is on, but mortgage rates just shot higher. Here's what to know.
The housing market in spring is facing challenges due to rising mortgage rates, caused by the Federal Reserve reconsidering due to rising inflation and the war with Iran. Despite homes being more affordable for buyers, inventory is increasing as homes stay on the market longer. Some markets are seeing price appreciation, while others are cooling off. Builders are struggling with an oversupply of h... more
Mar 18, 2026 11:30 AM
— Interest Rates
Fed holds interest rates steady — here’s what that means for consumers
The Federal Reserve decided to hold interest rates steady due to geopolitical turmoil and rising inflation expectations from the Iran conflict. This decision affects consumer borrowing, savings rates, credit card rates, mortgage rates (tied to Treasury yields), and federal student loan rates. Auto loan debt is also impacted by high financing costs and inflated prices. One potential bright spot is ... more
Mar 18, 2026 3:30 AM
— Mortgage Rates
Mortgage refinance demand plunges 19% after interest rates shoot higher
Mortgage rates increased last week to the highest level since the end of last year, leading to a 10.9% drop in total mortgage application volume. Refinance applications decreased significantly due to the rise in rates, while applications for home purchases saw a slight increase. Interest rates are still lower than they were a year ago, and affordability is improving in some markets.
Mar 13, 2026 12:31 PM
— Mortgage Rates
Mortgage rates surge to highest since September, hitting spring housing market
Mortgage rates have surged to their highest level since September, reaching an average of 6.41% on a 30-year fixed loan. The increase is attributed to higher bond yields caused by the war in Iran. Despite rising rates, there has been an increase in mortgage demand from homebuyers. However, the surge in rates could hinder the spring season, which is already facing challenges like high mortgage rate... more
Mar 13, 2026 6:30 AM
— Interest Rates
'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know
Interest rates on mortgages have been rising due to various factors, such as high oil prices and inflation fears sparked by the conflict in the Middle East. Buyers are advised to understand how rates can change during the buying process and consider options like locking in rates, float down provisions, or letting rates float. Affordability has slowly improved, with lower rates and slight declines ... more
Mar 11, 2026 1:30 PM
— Mortgage Rates
The war in Iran is pushing up mortgage rates. Here's how to lock in low borrowing costs
Mortgage rates fell below 6% at the end of February but rose again due to the war in Iran. Rates moved with oil prices and the 10-year Treasury yield. Economists predict fluctuations throughout the year if the fighting continues. However, rates are lower than a year ago despite the conflict. The oil economy has changed since 2008, with the U.S. being less reliant on foreign oil. To get the best mo... more
Mar 11, 2026 3:30 AM
— Interest Rates
Weekly mortgage demand from homebuyers increased despite big interest rate volatility
Interest rates have been volatile due to the war in Iran, causing a split in demand for mortgages with refinancing decreasing and homebuyer demand increasing. Mortgage application volume rose overall, with the average contract interest rate for 30-year fixed-rate mortgages increasing. Purchase activity, especially for FHA loans, saw a significant increase. Consumers are looking towards adjustable-... more
Mar 10, 2026 7:30 AM
— Housing Market
February home sales see small rebound, but supply growth is 'sluggish'
Home sales saw a small gain at the start of the year, but the increase in mortgage rates may impact the upcoming spring season. While existing home sales rose in February, low inventory remains a challenge for the market. More sellers are relisting their homes, but sluggish growth in supply could lead to higher prices. The median home price increased slightly year-over-year, with sales strongest i... more
Mar 10, 2026 4:30 AM
— Mortgage Rates
As Iran war disrupts oil prices, consumers could be 'hammered,' economist says
Americans were feeling financially secure in February, but the Iran war caused a surge in oil prices, leading to inflation fears. This surge in energy costs is expected to impact consumer spending, purchasing power, and jobs. Higher oil prices have already affected the cost of living and could lead to an affordability crisis. Mortgage rates have risen due to inflation pressures, with the average r... more
Mar 7, 2026 6:30 AM
— Interest Rates
Middle-income homebuyers have $30,000 more buying power than a year ago, research finds. It's still not enough
Affordability for buying a house is slowly improving, with households having a median income and a 20% down payment now able to afford a $331,483 home. This is partly due to interest rates coming down slowly. A half-point drop in mortgage rates could mean savings of about $1,000 a year for a typical U.S. home. Despite the improvement, affordability remains strained, with median home prices still h... more
Mar 6, 2026 4:30 AM
— Mortgage Rates
Here's how the U.S.-Iran war is already hitting consumers' pocketbooks
The U.S.-Israeli strikes on Iran led to topsy-turvy markets, spiking mortgage rates, and higher gas prices. Gas prices have jumped significantly, with the 30-year mortgage rate rising above 6.1%. Mortgage rates follow the 10-year Treasury yield, which increased after the attack on Iran, contributing to concerns about inflation. Stocks also fluctuated, causing uncertainty for consumers. High oil pr... more
Mar 4, 2026 4:00 AM
— Mortgage Rates
Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
Mortgage rates were at a 4-year low, leading to an 11% increase in total mortgage application volume. Refinance applications surged by 14.3%, with conventional refinances up by 20%. Applications for purchasing a home also rose by 6.1%. Despite rough weather in the northeast, buyers are preparing for the spring housing market.
Mar 3, 2026 9:30 AM
— Mortgage Lenders
Mortgage rates dropped below 6% for the first time in years — these 3 lenders offer even lower options.
Average mortgage rates have fallen below 6% for the first time since 2022, with experts predicting that rates could continue to decline if economic conditions remain stable. CNBC Select recommends three mortgage lenders with rates up to 0.75 points lower than the average rate, highlighting their features and drawbacks. The lenders mentioned are Better, FourLeaf, and Navy Federal Credit Union.
Mar 2, 2026 10:31 AM
— Mortgage Rates
Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline
Mortgage rates rose to 6.12%, the highest level in two weeks, after dropping to 5.99% earlier. The increase is attributed to the rise in U.S. 10-year Treasury yields caused by inflation worries from conflict with Iran. However, some believe the move may just be a technical bounce at the 4% level in 10-year Treasurys.
Feb 25, 2026 3:30 AM
— Mortgage Rates
Mortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines
Mortgage rates decreased, leading to a rise in refinancing applications, but homebuyer demand remained flat. Refinancing applications were up 4% compared to a year ago, while applications for home purchases dropped by 5%. The average contract interest rate for 30-year fixed-rate mortgages also decreased. Borrowers showed interest in adjustable-rate mortgages as well.
Feb 23, 2026 11:30 AM
— Mortgage Rates
Mortgage rates fall below 6%—how to decide if refinancing is worth it for you
Mortgage rates have dropped significantly over the past year, leading to a surge in applications for refinancing. Homeowners with rates above 6% are encouraged to consider refinancing if the savings outweigh the upfront costs. Refinancing may not be worthwhile if the break-even period exceeds 18-24 months. Factors such as loan term and broader financial goals should also be considered when decidin... more
Feb 23, 2026 10:30 AM
— Mortgage Rates
Mortgage rates just dropped below 6%, matching lowest level since 2022
A stock market sell-off led investors to turn to the bond market, causing yields to decrease and mortgage rates to drop. The average rate on a 30-year fixed mortgage fell to 5.99%, the lowest level since 2022. Lower rates are expected to lead to increased refinancing and more purchasing power for homebuyers entering the spring housing market.
Feb 18, 2026 3:30 AM
— Interest Rates
Mortgage rates sink to the lowest level in a month, sparking more refinance demand
Mortgage interest rates dropped to the lowest level in a month, leading to an increase in refinancing applications. The demand for refinancing was higher compared to purchasing a home due to concerns about the economy and lack of new housing supply. Mortgage rates have been relatively stable between 6% and 6.25% since the beginning of the year.
Feb 12, 2026 7:30 AM
— Housing Market
January homes sales tank more than 8%, as Realtors say potential buyers are 'struggling'
The U.S. housing market is experiencing a new crisis due to high home prices, limited supply, and decreased consumer confidence. Sales of previously owned homes dropped 8.4% in January compared to December. Affordability conditions are improving, with housing affordability index showing it's the most affordable since March 2022, but supply remains low. Home prices are up 0.9% year over year, with ... more
Feb 11, 2026 3:30 AM
— Mortgage Rates
FHA mortgage demand rises as borrowers face affordability challenges
Mortgage rates for conventional loans remained unchanged last week with overall demand staying the same. Refinance applications increased while applications for home purchases fell. FHA loans are becoming more popular due to affordability challenges. Adjustable-rate mortgages saw an increase to a seven-week high. Mortgage rates dropped slightly following a weaker retail sales report, with all eyes... more
Feb 4, 2026 4:30 AM
— Mortgage Rates
A surprising share of homeowners have high mortgage rates. Here's the breakdown
The share of U.S. homeowners with high mortgage rates has increased significantly over the past few years, impacting the refinance market and home sales. Efforts by the Trump administration to lower mortgage rates have been made. The purchase of mortgage-backed bonds by Fannie Mae and Freddie Mac is expected to lower rates. Applications to refinance are up by 120% compared to a year ago. Most home... more
Feb 4, 2026 3:30 AM
— Mortgage Rates
Rough winter weather hits homebuyers, tanking mortgage demand
The recent harsh winter storm caused a significant drop in mortgage application volume, with potential buyers staying home. Mortgage rates for 30-year fixed-rate mortgages decreased slightly, but applications to refinance fell by 5%. Applications for home purchases also fell by 14%. Mortgage rates moved higher this week due to a stronger-than-expected report on the manufacturing sector.
Feb 2, 2026 5:30 AM
— Housing Market
Housing affordability isn't just hurting buyers: More homeowners are falling behind on their mortgages
Late-stage mortgage delinquencies increased by 18.6% in December, with delinquency levels remaining relatively low but concerning. Affordability challenges in the housing market have led to many potential buyers being priced out, with houses becoming significantly more expensive over the past five years. Delinquency rates rising may serve as a warning for potential buyers to not purchase more than... more
Jan 28, 2026 11:30 AM
— Mortgage Rates
Fed holds interest rates steady: What that means for mortgages, credit cards and loans
The Federal Reserve decided to keep its benchmark interest rate unchanged, affecting various financial aspects including mortgage rates, credit card rates, auto loan rates, and student loan rates. Housing affordability issues persist, with little direct impact from the Fed on fixed mortgage rates. Trump's directive to Fannie Mae and Freddie Mac led to a temporary drop in mortgage rates. Credit car... 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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