Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
News for: Investopedia
Showing 25 - 42 of 42 results
Aug 5, 2025 2:24 PM
— Mortgage Rates
Mortgage Rates Hit 4-Month Low After Sharp 2-Day Decline
Rates on new 30-year mortgages fell for a second day, reaching their lowest level since early April at 6.73%. Rates on 15-year mortgages also decreased significantly, while jumbo 30-year rates slightly increased. Freddie Mac's weekly average differs slightly from other averages due to methodology differences. Mortgage rates are influenced by multiple factors, including macroeconomic conditions and... more
Aug 5, 2025 1:23 PM
— Housing Market
Here's How Much Mortgage Rates Have to Drop to Make Housing Affordable
Some housing markets, especially in big cities like New York, Los Angeles, and Miami, would still be unaffordable even if mortgage rates plummeted to 0%. On the other hand, areas like Pittsburgh, Birmingham, and Detroit have lower home prices, making housing affordable even if rates climbed significantly above the current average of 6.72%.
Jul 31, 2025 2:23 PM
— Mortgage Lending
Credit Score Changes Could Help More Renters Get Mortgages
Proposed changes to federal mortgage lending could make mortgages more accessible by allowing the use of VantageScore 4.0 in addition to the FICO score. VantageScore considers rent and utility payments in its calculations, potentially helping millions of creditworthy Americans own homes. However, the mortgage industry is cautious about adopting the new score and is seeking more clarity on rules an... more
Jul 19, 2025 4:00 AM
— Mortgage Rates
Why Lower Mortgage Rates May Not Make Buying a Home More Affordable
The housing market is currently experiencing high mortgage rates, which are making homes unaffordable for many buyers. While lower mortgage rates could potentially lead to more buyers entering the market, it is uncertain whether they will actually lower home prices. Lower rates may increase demand first, especially among millennials, but if rates drop low enough, more sellers might enter the marke... more
Jul 8, 2025 3:00 PM
— Housing Market
3 Key Changes in The 'Big Beautiful Bill' That Could Affect Housing
The tax and spending bill signed by President Trump has provisions that could benefit the housing market. Some of these provisions include restoring the deduction for mortgage insurance, increasing the standard taxpayer deduction, expanding the low-income housing tax credit, making Opportunity Zones permanent, and increasing the state and local taxes (SALT) deduction. These changes are expected to... more
Jul 8, 2025 3:02 AM
— Housing Market
For The Housing Market This Year, It All Comes Down to Mortgage Rates
The housing market has remained frozen in 2025 with an affordability crisis, high mortgage rates, and low inventory contributing to the stagnation. However, there are signs of small improvements such as increased listings and slower price increases in certain areas. Economists predict that a real estate thaw may occur in 2026, especially if interest rates decrease.
Jul 1, 2025 3:00 PM
— Mortgage Rates
Will Lower Rates Help the Housing Market? Fed Chair Powell's Not So Sure.
Lawmakers and administration officials question if the Federal Reserve is to blame for high mortgage rates. Mortgage rates are currently around 6.8%, much higher than in 2020. Low inventory and a housing shortage in the US are also contributing to high housing costs.
Jun 17, 2025 7:01 AM
— Mortgage Lending
Here's What You Get for a $795 Credit Card
JPMorgan Chase's Chase Sapphire Reserve credit card is adding new benefits, but the annual fee is increasing from $550 to $795. The changes include increased rewards points for flight and hotel bookings, as well as additional perks such as complimentary subscriptions and annual credits.
Jun 11, 2025 7:01 AM
— Mortgage Rates
30-Year Mortgage Rates Ease Lower - June 10, 2025
After rising for two days, 30-year mortgage rates fell to a 7.00% average, along with declines in rates for other mortgage types. Rates vary widely across lenders, so it's important to shop around. Freddie Mac provides a weekly average of rates, which was 6.85% last week. The Fed's bond-buying policy and rate adjustments have influenced mortgage rates over the past few years.
Jun 10, 2025 8:00 AM
— Housing Market
Democrats Urge Trump Administration to Pump Brakes on Freddie, Fannie Move
Leading congressional Democrats, led by Senator Elizabeth Warren, are pushing back on President Trump's idea to release mortgage giants Fannie Mae and Freddie Mac from government control. They argue that hasty and poorly planned changes could increase costs for families seeking to purchase a home. Releasing the companies from government control could benefit shareholders like Bill Ackman but could... more
Jun 10, 2025 3:00 AM
— Mortgage Rates
30-Year Mortgage Rates Shoot Up - June 9, 2025
After dropping almost a quarter percentage point over two weeks, rates on new 30-year mortgages have now returned to 7% territory, jumping Friday to a 7.02% average. Rates for many other mortgage types also saw increases. The trigger for the increase was a better-than-expected jobs report released that morning, causing bond prices to drop and mortgage rates to increase. Freddie Mac's average for 3... more
Jun 2, 2025 10:00 AM
— Mortgage Rates
30-Year Mortgage Rates Continue to Fall
The average mortgage rate for new 30-year mortgages has dropped below 7% for the first time in three weeks. Rates have also decreased for other types of mortgages. Mortgage rates fluctuate based on various factors, including macroeconomic conditions and the Federal Reserve's bond-buying policies. While the fed funds rate indirectly influences mortgage rates, the Fed's aggressive rate increases in ... more
May 26, 2025 1:00 PM
— Interest Rates
What Moody's Cutting U.S. Credit Rating Means For You
Moody's Corp. lowered America's sovereign debt rating to Aa1 due to factors such as high debt, rising interest costs, looming tax cuts, and political gridlock. This downgrade could lead to higher borrowing costs, as seen with increased Treasury yields and a rise in average 30-year fixed mortgage rates. The downgrade also impacted bond prices, stock markets, and raised fears of de-dollarization. Wh... more
May 20, 2025 4:00 AM
— Interest Rates
What America's Latest Credit Downgrade Means For Mortgage Rates
Moody's downgrade of the U.S. sovereign credit rating is expected to result in higher borrowing costs on mortgages as yields on 10-year treasuries, which impact mortgage rates, are sensitive to credit downgrades. The average rate on a 30-year fixed mortgage has already been hovering around 7% this year.
May 18, 2025 5:02 AM
— Housing Market
New Grads Expect Six-Figure Salaries. They May Not Be Able To Get Them.
Recent graduates are facing disappointment in their expected salaries as they enter the workforce. While graduates expect to make $101,500 a year, recent graduates reported an average salary of $68,400. Employers project to pay new graduates an average of $68,700, with varying salaries depending on the degree type. The uncertain economy, changing tariff policies, and lack of clarity on student loa... more
May 6, 2025 3:00 AM
— Mortgage Rates
30-Year Mortgage Rates Jump Higher
The article discusses how mortgage rates have been fluctuating, with 30-year rates rising to 6.95% and 15-year rates rising to 5.97%. The rates are influenced by various macroeconomic factors, including the Federal Reserve's bond-buying policies and interest rate adjustments. Home buyers are advised to shop around for the best rates and consider factors such as credit score and income when securin... more
May 5, 2025 6:00 AM
— Housing Market
Your Emergency Fund Should Be $35,000. Here's Why.
The article discusses the importance of having an emergency fund of $35,000, which is the estimated cost of six months' expenses for the average household. Economic uncertainty, including concerns about tariffs, market volatility, and a potential recession, make having an emergency fund more crucial. Most people rely on their savings in emergencies. The article also breaks down the costs associate... more
May 3, 2025 5:00 AM
— Mortgage Rates
30-Year Refinance Rates Move Lower
Mortgage rates have been fluctuating in a narrow range, with the 30-year refinance average currently at 7.03%, down from a peak in April. Rates for other refinance loan types have also moved down slightly. These rates are influenced by factors such as the Federal Reserve's bond-buying policy and interest rate adjustments. Home buyers are advised to shop around for the best mortgage refinance optio... 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.