Mortgage News
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News for: Fox Business
Showing 25 - 48 of 58 results
Dec 15, 2025 7:19 AM
— Mortgage Rates
Is now the right time to refinance a mortgage?
Realtor.com senior economist Jake Krimmel explains that while the Federal Reserve has cut interest rates, mortgage rates may not necessarily fall. Refinancing only makes sense if the new rate is significantly lower than the current rate, usually between 0.5 to 1 percentage point. Most homeowners currently have mortgage rates below current market rates, making refinancing not worthwhile for many. I... more
Dec 12, 2025 10:30 AM
— Mortgage Rates
Trump says he has brought down mortgage payments by nearly $3,000 a year
Former Million Dollar Listing star Josh Altman discusses soaring home delistings, buyer preferences for turnkey properties, and the impact of skipping mortgage rate shopping. President Trump claims housing costs have decreased since he returned to office compared to the Biden administration, with improvements in affordability shown through decreased annual mortgage payments. However, while new hom... more
Dec 11, 2025 2:31 PM
— Mortgage Rates
Mortgage rates tick higher but remain near 2025 lows
EV wiring, solar-ready roofs, and stricter insulation rules are contributing to higher home construction costs. Freddie Mac reported that the average rate on the benchmark 30-year fixed mortgage increased to 6.22% from the previous week. The average rate on a 30-year loan was 6.6% a year ago. The Federal Reserve recently lowered the benchmark interest rate, but mortgage rates are not directly affe... more
Dec 11, 2025 6:30 AM
— Mortgage Rates
Mortgage rates remain high as 10-year yield stays above 4 percent despite Fed cuts
David Malpass, former World Bank President, believes that the Federal Reserve's outdated models and delayed rate cuts are hindering economic growth. This has resulted in high mortgage rates and poses a threat to the U.S. economy's strength.
Nov 14, 2025 7:30 AM
— Housing Market
Mortgage rates tick higher for second straight week
Federal housing official Bill Pulte suggested 'portable mortgages' to boost the declining housing market. Mortgage rates increased slightly for the second consecutive week, with the 30-year fixed rate rising to 6.24%. The 10-year Treasury yield remained stable at around 4.11%. The 15-year fixed mortgage rate decreased to 5.49%. Challenges persist in the housing market due to the slow recovery post... more
Nov 3, 2025 4:05 AM
— Mortgage Rates
Is now the right time to get a mortgage – or should you wait until December?
Buyers and sellers in the housing market are trying to time their mortgage decisions based on the Federal Reserve's interest rate cuts. Mortgage rates are influenced by the 10-year Treasury yield, which has been hovering around 4.1%. Experts advise buyers to find a home that suits their needs and stay in touch with lenders. Shopping around for lenders can result in significant cost savings.
Oct 30, 2025 2:02 PM
Mortgage rates fall for fourth consecutive week, lowest level in over a year
Mortgage rates fell for the fourth consecutive week, with the average rate on the benchmark 30-year fixed mortgage decreasing to 6.17%. The average rate on the 15-year fixed mortgage also dropped. The Federal Reserve announced its second interest rate cut of the year, following a previous rate cut in September. The U.S. 10-year Treasury note yield rose, influencing mortgage rates. Despite the decl... more
Oct 23, 2025 1:23 PM
— Mortgage Rates
Mortgage rates drop to lowest level in over a year as buyers regain leverage
Mortgage rates have dropped to their lowest level in over a year, with the 30-year fixed rate decreasing to 6.19%. This drop is attributed to falling Treasury yields and market expectations ahead of a Fed rate cut. Buyers are gaining leverage in the housing market due to lower rates.
Oct 16, 2025 12:23 PM
— Mortgage Rates
Mortgage rates fall for second straight week as shutdown, economic uncertainty weigh
CEO Vishal Garg discusses leveraging AI to expedite the mortgage process. Freddie Mac's latest survey shows a decrease in mortgage rates for the second consecutive week. Lower rates have led to an increase in refinance activity and a more favorable environment for homebuyers. Concerns over the labor market and the government shutdown continue to impact prospective homebuyers.
Oct 9, 2025 11:06 AM
— Mortgage Rates
Mortgage rates fall for first time in 3 weeks
Jeff Sica warns that the Fed's small rate cut won’t help the housing affordability crisis and recommends gold as a hedge against inflation. Mortgage rates fell for the first time in three weeks, with the average rate on the benchmark 30-year fixed mortgage decreasing to 6.3%. Homebuyers are gradually moving forward with buying homes due to lower rates, but many are still hesitant due to economic u... more
Sep 29, 2025 7:23 AM
— Mortgage Rates
Mortgage rates back on the rise: What it means for homebuyers
Mitch Roschelle from Madison Ventures Plus discusses the trend of New York residents moving to the suburbs and how rising mortgage rates are impacting potential buyers.
Sep 25, 2025 11:39 AM
— Mortgage Rates
Mortgage rates rise for first time since July
Jeff Sica warns that a small rate cut by the Fed will not ease the housing affordability crisis. Mortgage rates rose this week, with the average rate on the 30-year fixed mortgage increasing to 6.3%. Despite the increase, rates remain near 11-month lows, providing opportunities for buyers and homeowners considering a refinance. Sales of new U.S. single-family homes surged to the highest level in m... more
Sep 25, 2025 5:23 AM
— Mortgage Rates
Several metro areas in the United States poised to cash in big as mortgage rates drop
The article discusses the recent Fed rate cuts and how they are impacting mortgage rates, specifically leading to lower borrowing costs. Metros with younger and more mobile populations are expected to benefit the most as mortgage rates approach the low 6% range. Areas with high mortgage usage, like Washington, D.C., Denver, Virginia Beach, and Raleigh, are projected to see increased buyer demand a... more
Sep 18, 2025 9:27 AM
— Mortgage Rates
Mortgage rates fall again, refinances jump to highest level since 2022
Mortgage rates fell again this week, prompting many homeowners to refinance. The average rate on the benchmark 30-year fixed mortgage decreased to 6.26%. The share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.
Sep 18, 2025 5:27 AM
— Interest Rates
What the Fed’s first rate cut of the year means for your wallet
Peter Navarro praised President Trump's TikTok deal, called for deeper Fed cuts, and defended his imprisonment as political. The Fed's recent interest rate cut is expected to ease monthly payments on mortgages and credit card debt. The cut could save credit card users $1.92 billion in interest over the next year. Mortgage rates will continue to respond to economic data, potentially leading to more... more
Sep 11, 2025 9:23 AM
— Mortgage Rates
Mortgage rates tumble, marking largest weekly drop in a year
Mortgage rates saw a significant drop, with the average rate on the benchmark 30-year fixed mortgage falling to 6.35%. Purchase applications have increased, and refinance applications reached the highest level in nearly a year. The housing market, previously impacted by high borrowing costs and limited supply, is showing signs of improvement.
Sep 4, 2025 1:23 PM
— Mortgage Rates
Mortgage rates tumble to lowest level since October 2024
Mortgage rates have fallen to their lowest levels since October 2024, with the average rate on a 30-year fixed mortgage dropping to 6.5%. This decrease is seen as good news for potential buyers and current homeowners, as it increases the opportunity for refinancing. However, despite the lower rates, fewer than 30% of homes on the market are affordable for the average household due to rising prices... more
Aug 29, 2025 3:23 AM
— Mortgage Rates
Mortgage rates fall to 10-month low
Mortgage rates have fallen to a 10-month low, with the average rate on a 30-year fixed mortgage dropping to 6.56%. However, only 28% of homes in the U.S. housing market are now affordable for the average household due to higher interest rates, reducing homebuying activity to its lowest level since the mid-1990s.
Aug 21, 2025 5:23 AM
— Mortgage Rates
It’s a buyer’s market and nobody is buying: Where Is Jerome Powell?
The real estate market in the U.S. is facing stagnation with homes sitting on the market for weeks, major price reductions, high mortgage rates, and stagnant sales. The phenomenon of 'golden handcuffs' is keeping people from moving due to financial constraints. Affordability remains a major issue despite an increase in inventory. Mortgage rates have reached their lowest level of the year, but they... more
Aug 20, 2025 6:23 AM
— Interest Rates
Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates
President Trump criticized Federal Reserve Chair Jerome Powell for not cutting interest rates, claiming it was hurting the housing industry. He also attacked Federal Reserve Governor Lisa Cook over alleged mortgage fraud. Meanwhile, inflation increased in July, potentially impacting the Federal Reserve's decision-making process regarding interest rates. The Bureau of Labor Statistics reported an i... more
Aug 14, 2025 11:57 AM
— Mortgage Rates
Mortgage rates fall to lowest level of 2025
U.S. Treasury Secretary Scott Bessent discusses President Trump's meeting with Putin, U.S.-China trade talks, and housing affordability solutions. Mortgage rates have fallen to the lowest level of the year, with the average rate for a 30-year fixed mortgage dropping to 6.58%. Bessent highlights the importance of addressing the housing affordability crisis, which is affecting real estate transactio... more
Jul 24, 2025 10:00 AM
— Mortgage Rates
Mortgage rates inch lower this week
Mansion Global host discusses President Trump's potential decision to end capital gains taxes on home sales. Freddie Mac reports a slight decrease in mortgage rates, with the average rate on a 30-year fixed mortgage falling to 6.74%. The housing market is seen positively due to a strong economy with solid employment and income growth.
Jul 10, 2025 9:02 AM
— Mortgage Rates
Mortgage rates tick higher for first time in weeks
Freddie Mac's latest report showed a slight increase in mortgage rates, with the average rate for a 30-year fixed mortgage rising to 6.72%. This change was attributed to a stronger than expected jobs report, leading to an increase in home purchase and refinance applications compared to the previous year. The housing market continues to face affordability challenges, with some major metro areas now... more
Jul 3, 2025 9:01 AM
— Mortgage Rates
Mortgage rates fall for fifth straight week, lowest since mid-April
Mortgage rates have decreased for the fifth consecutive week, with the average rate on the benchmark 30-year fixed mortgage reaching its lowest level since mid-April. This decline is seen as encouraging by Freddie Mac's chief economist, as it may help improve affordability challenges in the housing market.
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.