Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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News for: Fortune
Showing 73 - 94 of 94 results
Sep 5, 2025 3:23 AM
— Mortgage Rates
Current mortgage rates report for Sept. 5, 2025: Rates drop even lower than before
The average interest rate for a 30-year fixed-rate conforming mortgage loan in the U.S. is 6.484%. Rates have fluctuated slightly in recent days and weeks. Experts agree that rates around 6% are possible if inflation is managed and lenders feel optimistic about the economy. Homebuyers are facing high mortgage rates, with rates feeling high compared to the recent historically low rates between 2% a... more
Sep 3, 2025 1:23 PM
— Housing Affordability
The U.S. housing market is ‘finally starting to listen’ to homebuyers
After years of high mortgage rates and home prices, the housing market in the U.S. is showing signs of improvement. Mortgage rates have trended lower, home price growth is slowing, and household incomes are increasing. The Real House Price Index (RHPI) from First American indicates that housing affordability has improved, although it remains higher than pre-pandemic levels. While the market is sti... more
Aug 30, 2025 4:12 PM
— Housing Market
The housing market is no longer a wealth-building engine as home prices continue to slump
High home prices and mortgage rates are creating unaffordable conditions for many Americans. The housing market's ability to create wealth has declined as home prices are failing to keep pace with inflation. Housing demand remains muted, and the selling season has been disappointing. Analysts predict that home prices will turn negative by year-end due to low demand and rising inventories.
Aug 20, 2025 7:23 AM
— Interest Rates
Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
President Trump is pressuring the Fed to lower the base interest rate to help consumers financially and kickstart the housing market. Lower interest rates could benefit homeowners, relieve tension in the housing market, provide relief for financially vulnerable demographics, and potentially impact mortgage rates. However, the connection between borrowing costs and the short-term interest rate is c... more
Aug 18, 2025 3:23 PM
— Interest Rates
You can earn up to 5.00% APY in a high-yield savings account on Aug. 18, 2025
The article discusses high-yield savings accounts offering APYs well above average rates, with some banks still offering around 5.00%. It explains how the Fed's decisions on interest rates impact savings rates, with banks tending to follow the lead of the federal funds rate. The article also highlights the benefits of high-yield savings accounts, which typically have higher rates, no minimum balan... more
Aug 13, 2025 10:24 AM
— Mortgage Rates
Even a 1% mortgage rate drop could be enough to 'unlock' the frozen housing market, Oxford Economics says
Mortgage rates are not expected to drop to pandemic-era levels around 3%. A 1% drop in rates to below 6% could incentivize some homeowners to sell and trade up. High home prices are a major barrier to housing affordability, and a drop in rates could lead to increased refinancing activity.
Aug 13, 2025 12:23 AM
— Mortgage Rates
Current mortgage rates report for Aug. 13, 2025: Rates drop again
The article discusses the average interest rate for a 30-year, fixed-rate conforming mortgage loan, which is around 6.599% in the U.S. It reflects on the historical trends of mortgage rates, factors affecting mortgage rates, and tips for obtaining the best mortgage. The state of the U.S. economy, inflation, national debt, demand for home loans, and Federal Reserve's decisions all play a role in de... more
Aug 12, 2025 6:25 AM
— Housing Market
The price premium on new-construction homes is dissolving. New home prices dropped in 30% of large U.S. cities last quarter
Home prices have increased by over 50% since the pandemic, with mortgage rates near 7%. New-construction home prices dropped in 30 of the largest U.S. metros last quarter. Builders are offering incentives like mortgage-rate buydowns and design upgrades to make new homes more affordable.
Aug 11, 2025 8:23 AM
— Mortgage Rates
Current mortgage rates report for Aug. 11, 2025: Rates dip lower
The article discusses the average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S., which is currently 6.575%. It also explains how economic factors, historical context, and actions by the Federal Reserve impact mortgage rates.
Aug 3, 2025 4:23 AM
— Housing Market
Not even a 0% mortgage rate would make buying a house affordable in these 6 U.S. cities
High mortgage rates, combined with soaring home prices, are making it difficult for new home buyers to enter the market and for current homeowners to sell. The Case-Shiller Home Price Index has jumped over 51% between 2020 and 2025, making affordability a major issue. Lack of lower-priced inventory and tight competition in major metro areas are also contributing to the housing crisis.
Jul 31, 2025 12:23 PM
— Mortgage Rates
Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home
Home buyers became used to sub-3% mortgage rates during the pandemic, but rates have climbed to 6.75% recently. Experts warn that rates are unlikely to decrease significantly in the near future, making homes unaffordable for average buyers. Inventory levels have risen, but there is still a shortage of affordable housing in the U.S. Mortgage rates and high home prices continue to deter potential bu... more
Jul 30, 2025 3:23 AM
— Housing Affordability
The mortgage rate decline it would take to make an average home affordable is 'unrealistic,' Zillow says
Mortgage rates have risen, making home affordability a significant challenge in the U.S. Factors like high home prices, wage stagnation, inventory shortages, and rising insurance and tax costs contribute to the housing affordability crisis. Even with lower rates, finding an affordable home remains difficult for many buyers. Recommendations include compromising on criteria, focusing on building equ... more
Jul 28, 2025 9:00 AM
— Housing Market
Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months
U.S. existing home sales fell sharply in June 2025 to their lowest level in nine months due to elevated mortgage rates and record-high prices. Sales declined 2.7% from May, reflecting affordability challenges. Despite weak sales, home prices reached an all-time high, leading to an affordability squeeze. Inventory is slowly rebuilding, but undersupply persists, causing price cuts. NAR chief economi... more
Jul 20, 2025 2:00 PM
— Housing Market
Top economist sounds the alarm even louder on the housing market and says homebuilders are 'giving up'
Moody's Analytics chief economist Mark Zandi warns that the housing market is weakening and will likely become a significant drag on overall economic growth. Home sales, homebuilding, and house prices are all expected to decline unless mortgage rates drop significantly from their current near 7% level, which seems unlikely. Builders are cutting prices, and increased supply is putting further press... more
Jul 15, 2025 7:00 AM
— Mortgage Rates
Current mortgage rates report for July 15, 2025
The average interest rate for a 30-year fixed-rate conforming mortgage loan in the U.S. is currently 6.717%, up slightly from the prior day. Rates have been hovering around 7% for a while, despite anticipation of a decline with the Federal Reserve reducing the federal funds rate. Experts believe rates around 6% are likely if inflation is controlled and lenders are optimistic about the economy. Fac... more
Jul 14, 2025 8:00 AM
— Interest Rates
Current mortgage rates report for July 14, 2025: Rates continue to hold steady
The average interest rate for a 30-year, fixed-rate conforming mortgage loan is 6.699% in the U.S. Rates have remained relatively stable, but historically, rates are higher than they have been in the past. Mortgage rates are impacted by economic conditions, federal funds rate, national debt, demand for home loans, and Federal Reserve actions. Shopping around for loans and improving your credit sco... more
Jul 11, 2025 4:00 AM
— Housing Market
Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market
The article discusses how high mortgage rates and home prices are blocking many would-be homeowners from entering the housing market. Older generations are not downsizing due to fear of high mortgage rates, leading to lower supply and higher prices. Many Americans own their homes outright, making it difficult for younger generations to buy homes. Homeowners with limited equity or behind on student... more
Jul 11, 2025 3:03 AM
— Housing Market
The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says
The U.S. housing market is facing multiple challenges, including high mortgage rates, lack of affordability, and a decrease in first-time home buyers. Capital Economics sees no clear path to recovery, with the market stuck in a slump since 2023. Affordability issues and a freeze in for-sale activity are leading to a slow and grinding recovery.
Jun 28, 2025 3:00 PM
— Housing Market
Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates
Recent indicators suggest a possible extended slump in house prices, with the Case-Shiller home price index showing a 0.3% monthly fall and the FHFA price index also indicating a drop. The market is facing challenges due to near-7% mortgage rates, high borrowing costs, and weakening consumer demand. While lower prices may attract more buyers, economists warn of ongoing headwinds that could lead to... more
May 26, 2025 1:00 AM
— Housing Market
Housing may soon flash a recession warning as investment cracks under the weight of high rates
Analysts are warning of a potential recession as housing activity is set to contract in the second quarter after only weak advancement in the first quarter. The rise in longer-term Treasury yields and mortgage rates around 7% are expected to weigh on residential investment and the broader economy. Data shows a decline in permits for single-family home construction, an increase in home supply, and ... more
May 16, 2025 10:00 AM
— Housing Market
'Doubt and hesitation' are ripping through the housing market: 'People are starting their home search, then backing out'
Elevated home prices and mortgage rates are causing would-be home buyers to pull out of the market. Despite tariff reductions and stock market improvements, mortgage rates continue to rise, making it challenging for potential buyers. Real estate agents report that buyers are hesitant due to fears of an economic downturn. Those who are purchasing homes are seeking more affordable housing options, w... more
Apr 27, 2025 9:38 AM
— Mortgage Rates
A Trump-induced interest rate cut won’t actually lower mortgage rates
The article discusses the impact of rising mortgage rates on home buyers. It explains that as mortgage rates increase, it becomes more expensive to borrow money for a home. This can deter potential buyers and lead to a decrease in home sales. Additionally, higher mortgage rates can also impact current homeowners looking to refinance their mortgages. Overall, rising mortgage rates can make it more ... 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.