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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: Fortune
Showing 49 - 72 of 94 results
Nov 25, 2025 12:30 AM — Mortgage Refinancing
Current refi mortgage rates report for Nov. 25, 2025
The article discusses the current average refinance rate on a 30-year, fixed-rate home loan, the process of mortgage refinancing, factors to consider before refinancing, and various options available for refinancing such as changing loan terms or loan types. It also mentions the importance of weighing the costs before refinancing and the potential benefits of a cash-out refinance to tap into home ... more
Nov 24, 2025 7:28 PM — Mortgage Refinancing
Current refi mortgage rates report for Nov. 24, 2025
The article discusses current average refinance rates on 30-year fixed-rate home loans, the process of mortgage refinance, factors affecting refinance eligibility, historical trends in mortgage rates, guidelines for when to refinance, different reasons to refinance, costs associated with refinancing, various mortgage refinance options, shopping around for the best rates, and incentives for stickin... more
Nov 23, 2025 4:31 AM — Housing Market
More than half of U.S. homes have dropped in value over the last year
The share of U.S. homes that have lost value in the past year is the highest since the aftermath of the Great Recession, according to Zillow. Losses were most widespread in the West and South regions, with Denver topping the list at 91% of homes declining in value. However, the Northeast and Midwest largely avoided losses. Lower home values are not realized by homeowners unless they sell below the... more
Nov 21, 2025 2:30 PM — Mortgage Types
Current ARM mortgage rates report for Nov. 21, 2025
While fixed-rate mortgages are more popular, adjustable-rate mortgages (ARMs) are worth considering for those with tolerance for uncertainty. ARMs offer low rates during introductory periods and may be attractive for those planning to rent out or flip a property, move before the introductory period ends, or save up for a down payment. ARMs typically have low fixed interest periods before adjusting... more
Nov 21, 2025 6:30 AM — Interest Rates
Current mortgage rates report for Nov. 21, 2025: Rates mostly steady
The average interest rate for a 30-year fixed-rate conforming mortgage loan in the U.S. is currently 6.244%, with rates trending upward compared to a week ago. Experts do not anticipate seeing rates in the 2% to 3% range in the future, with historical data showing rates around 7% are not unusually high. Factors influencing mortgage rates include economic conditions, government debt, demand for hom... more
Nov 20, 2025 12:30 AM — Mortgage Rates
Current refi mortgage rates report for Nov. 20, 2025
The article discusses current average refinance rates for different types of loans, the process of mortgage refinancing, the impact of Federal Reserve rate cuts on mortgage rates, and factors to consider before refinancing such as upfront costs and potential benefits. It also mentions different types of mortgage refinance loans and the importance of shopping around for the best rates and incentive... more
Nov 19, 2025 6:30 AM — Mortgage Refinancing
Current refi mortgage rates report for Nov. 19, 2025
The article discusses the current average refinance rate for a 30-year fixed-rate home loan, the factors to consider when refinancing a mortgage, the fluctuations in interest rates, and the various reasons homeowners might choose to refinance. It also mentions the different costs associated with refinancing and different refinancing options available.
Nov 19, 2025 4:30 AM — Mortgage Rates
Current mortgage rates report for Nov. 19, 2025: Rates continue inching higher
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.249%, with rates fluctuating over time. Experts predict that mortgage rates in the 2% to 3% range are unlikely to return. Various factors such as economic conditions, government policies, and lender decisions influence mortgage rates. Comparing rates and exploring options with different lenders can help b... more
Nov 18, 2025 12:30 AM — Mortgage Refinancing
Current refi mortgage rates report for Nov. 18, 2025
The article discusses the current average refinance rate for a 30-year, fixed-rate home loan, provides tips on mortgage refinancing, mentions trends in interest rates, and explains the costs associated with refinancing. It also covers options for using a cash-out refinance, changing loan terms, and switching loan types. The article emphasizes the importance of shopping around for the best refinanc... more
Nov 15, 2025 4:30 AM — Housing Market
Trump blames 'Too Late Powell' for a housing crisis—but top analysts say low rates 'snapped the trap shut' on Millennial and Gen Z homeowners in the first place
The article discusses how the Federal Reserve's actions, particularly regarding interest rates, impact the housing market. It explains how the Fed's past and current policies have affected mortgage rates and housing affordability, with experts stating that lower rates alone may not solve the issue of unaffordability due to various factors such as limited housing stock, tight lending conditions, an... more
Nov 12, 2025 5:30 AM — Mortgage Lending
Trump's 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates
The Trump administration proposed a 50-year mortgage product to improve housing affordability, offering immediate savings to homebuyers but doubling the interest payment burden in the long run. This prolonged loan term could slow equity accumulation and pass mortgage debt on to borrowers' children. Despite potential relief for consumers, experts warn of trapping borrowers in long-term debt and del... more
Nov 12, 2025 4:30 AM — Housing Market
The 50-year mortgage would cost you nearly $400k more than the standard, AP analysis says
The White House is considering backing a 50-year mortgage to address home affordability, but it has faced criticism for not addressing core housing market issues. Extending the mortgage term would lower monthly payments but significantly increase the amount of interest paid and slow equity accumulation. Analysts believe that introducing a 50-year mortgage could worsen home price inflation due to i... more
Nov 12, 2025 4:30 AM — Mortgage Refinancing
Current refi mortgage rates report for Nov. 12, 2025
The article discusses current average refinance rates on a 30-year fixed-rate home loan, the process of refinancing a mortgage, the impact of Federal Reserve cuts on interest rates, factors to consider when refinancing, and different refinance options available. It also mentions the importance of considering closing costs, shopping around for lower rates, and potential incentives for refinancing w... more
Nov 5, 2025 3:06 AM — Interest Rates
Current mortgage rates report for Nov. 5, 2025: Rates tick up slightly
The average interest rate for a 30-year, fixed-rate mortgage loan in the U.S. is 6.209%, up from the prior day and a week ago. Rates have been hovering near 7% for a while, with the historic low in 2021 at 2.65%. Experts believe rates won't go back to 2-3% anytime soon. The Fed's actions impact mortgage rates, with possible rate cuts in the future. The state of the economy, inflation, national deb... more
Nov 4, 2025 9:06 AM — Adjustable-rate Mortgages (ARMs)
A risky mortgage instrument that helped spark the Global Financial Crisis is on the rise again. It’s a gamble on the Fed’s future direction
Adjustable-rate mortgages (ARMs) are becoming popular again as homebuyers look for savings in a high-rate era. The appeal is the lower starting rates compared to fixed-rate loans, but the risk lies in the potential increases when the interest rate resets. However, today's ARMs come with stricter rules and regulations compared to pre-crisis times. Buyers are using ARMs strategically for affordabili... more
Nov 1, 2025 3:05 PM — Housing Market
The housing market, workers, and the economy are all stuck
The U.S. home turnover rate is at its lowest in nearly 30 years, with only 28 out of every 1,000 homes changing hands between January and September. Fewer homes are being sold due to factors like a slowing job market, high mortgage rates, and skyrocketing home prices.
Oct 27, 2025 8:50 AM — Housing Market
Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home
Mortgage rates have risen significantly from the sub-3% rates seen during the pandemic, with the current 30-year fixed rate at 6.19%. Higher rates are making homes less affordable, with economists stating that a rate drop to 4.43% would be needed for a typical home to be affordable for the average buyer. The locked-in mortgage rate effect is causing current homeowners to hold onto their homes, lea... more
Oct 26, 2025 11:58 PM — Mortgage Refinancing
Current refi mortgage rates report for Oct. 27, 2025
The article discusses the current average refinance rate on a 30-year fixed-rate home loan, the factors to consider when refinancing a mortgage, reasons to refinance, and the costs associated with refinancing. It also mentions different types of refinance options and incentives that lenders may offer. Additionally, it touches on programs like Refi Now and Refi Possible for those whose mortgages we... more
Oct 21, 2025 4:25 AM — Mortgage Rates
Current mortgage rates report for Oct. 21, 2025: Rates drop even lower with Fed meeting looming
The average interest rate for a 30-year fixed-rate conforming mortgage loan is 6.164% in the U.S. Rates are expected to decrease ahead of the Federal Reserve meeting. Historically, rates have fluctuated, with some periods even exceeding 18%. Mortgage rates started trending downward in late 2025 and are influenced by the health of the U.S. economy, demand for home loans, and actions taken by the Fe... more
Sep 28, 2025 3:23 AM — Housing Market
A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates
Despite a decline in mortgage rates, pending home sales fell for the first time in nearly three months, indicating a stagnant housing market. While mortgage refinance applications surged, mortgage-purchase applications only increased slightly. Factors weighing on housing demand include high home prices, buyers waiting for lower mortgage rates, limited supply of listings, and economic uncertainty. ... more
Sep 19, 2025 8:23 AM — Mortgage Rates
Here’s what the Fed rate cut means for your mortgage and the housing market
The Federal Reserve cut its benchmark rate, but this does not guarantee a further drop in mortgage rates. Mortgage rates have fluctuated in response to a variety of economic factors, including inflation, the job market, and bond market yields. While lower rates benefit home buyers, prices remain high and more drops are needed for significant affordability improvements.
Sep 16, 2025 10:23 AM — Interest Rates
BofA sees ‘path to a 5% mortgage rate’ if the Fed pulls off these 2 things
Bank of America's mortgage-backed securities research team predicts a path to a 5% mortgage rate if the Federal Reserve implements quantitative easing and aggressive yield-curve control. However, the baseline expectation is for mortgage rates to end 2025 and 2026 at 6.25%. Even with a drop to 5%, it may not provide relief to American homebuyers due to tight affordability. Housing stocks have surge... more
Sep 9, 2025 12:23 AM — Interest Rates
Current mortgage rates report for Sept. 9, 2025: Rates drop dramatically
The article discusses the average interest rates for 30-year, fixed-rate conforming mortgage loans in the U.S., providing historical context and factors influencing rates. It also highlights the impact of economic conditions, government actions, and lender strategies on mortgage rates. The Federal Reserve's role in influencing rates and the importance of comparing rates and exploring different loa... more
Sep 7, 2025 3:23 AM — Mortgage Rates
Mortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range
The housing market is expected to improve with the decline in mortgage rates after a weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. Bond yields dropped, leading to a decrease in mortgage rates, which could spur more activity in the housing market.
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