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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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News for: Fox Business
Showing 49 - 58 of 58 results
Jun 26, 2025 10:00 AM — Mortgage Rates
Mortgage rates fall for 4th straight week, lowest since early May
Mortgage rates have fallen steadily for the past four weeks, reaching their lowest level since early May. Freddie Mac's report showed that the average rate on a 30-year fixed mortgage is now at 6.77%, down from 6.81% the previous week. Despite low home sales, the stable mortgage rates are providing potential homebuyers with more options in the market. Affordability is a concern, with only three ma... more
Jun 13, 2025 10:00 AM — Mortgage Rates
Mortgage rates tick lower for second week in a row
Mortgage rates in the U.S. have declined slightly but are still hovering around 7%. Despite this, U.S. home listing prices have reached an all-time high, leading to a surplus of sellers and a potential shift towards a buyers' market in the coming months.
Jun 5, 2025 11:16 AM — Mortgage Rates
Mortgage rates drop for first time in weeks, still hover near 7%
UBS Global Wealth Management portfolio manager Angie Newman discusses market reaction amid trade tensions and advises clients and investors. Mortgage rates declined for the first time in weeks, hovering near 7%. The average rate on the 30-year fixed mortgage decreased to 6.85% from the previous week's 6.89%. Potential homebuyers are benefiting from the lower rates as inventory improves and house p... more
May 29, 2025 2:00 PM — Mortgage Rates
Mortgage rates rise for third straight week, hover near 7%
The article discusses the lack of housing supply being a significant problem, the increase in mortgage rates for the third straight week with the 30-year fixed mortgage rate at 6.89%, and the rise in home prices. The National Association of Realtors reported a drop in pending home sales and emphasized the importance of lower mortgage rates to boost home buyer activity.
May 22, 2025 11:00 AM — Mortgage Rates
Mortgage rates rise to highest level since mid-February
Mortgage rates have increased to the highest level since mid-February, with the average rate on the benchmark 30-year fixed mortgage rising. Home sales slipped last month, signaling a weak start to the spring selling season. The increase in mortgage rates is attributed to the rise in the yield on the benchmark 10-year U.S. Treasury note due to concerns about the nation's fiscal outlook after Moody... more
May 21, 2025 6:01 PM — Housing Market
Trump considers taking mortgage giants Fannie Mae and Freddie Mac public
President Donald Trump is considering bringing government-sponsored mortgage giants Fannie Mae and Freddie Mac public, a move that would have a significant impact on the housing market. The government currently controls Fannie Mae and Freddie Mac, but privatizing them could potentially lead to higher mortgage rates if not done carefully.
May 20, 2025 10:00 AM — Mortgage Lending
Dimon slams mortgage regulations for pushing rates higher, hurting lower-income homebuyers
JPMorgan Chase CEO Jamie Dimon criticized financial regulators for not easing rules that are raising costs for borrowers buying a home. He mentioned that regulations make mortgages more expensive, especially for lower-income Americans. Dimon also expressed concerns about stagflation and the impact of tariffs on the economy.
May 15, 2025 10:00 AM — Mortgage Rates
Mortgage rates rise for 1st time in weeks, Freddie Mac says
Mortgage rates have increased for the first time in a month, with the average rate on a 30-year fixed mortgage rising to 6.81%. Despite the increase, rates remain below 7%, attracting homebuyers into the market. Housing affordability and supply continue to be challenges for many Americans looking to buy homes.
May 8, 2025 12:00 PM — Mortgage Rates
Mortgage rates hold steady, Freddie Mac says
Mortgage rates remained stable this week, with the average rate on a 30-year fixed mortgage staying at 6.76%. This is lower than the rate a year ago, which was 7.09%. Despite the stability of rates, there is a supply gap of 3.8 million homes, making it difficult for first-time homebuyers to enter the market. Sellers are also reluctant to sell due to the prospect of refinancing at higher costs. The... more
May 1, 2025 10:01 AM — Mortgage Rates
Mortgage rates fall for 2nd straight week, Freddie Mac says
Mortgage rates fell for the second week in a row, with the average rate on a 30-year fixed mortgage dropping to 6.76% from last week's 6.81%. The rates for the 15-year fixed mortgage also decreased slightly. There is a supply gap of 3.8 million homes in the market, causing affordability issues for potential homebuyers. Realtor.com CEO is hopeful that all moving parts of the economy will align to e... more
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