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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: Yahoo Finance
Showing 121 - 144 of 759 results
Oct 9, 2026 8:32 AM — Mortgage Fraud
Trump forms committee to investigate mortgage fraud allegations against Fed governor Lisa Cook
President Trump has formed a committee to investigate allegations of mortgage fraud against Federal Reserve governor Lisa Cook, who claims her dismissal was unjust. The committee aims to determine if Cook's past loan applications involved misrepresentations that justify her removal from the Fed. Despite Trump's allegations, Cook has denied wrongdoing and is involved in a legal battle that reached ... more
Oct 9, 2026 7:31 AM — Mortgage Rates
Consumer sentiment falls to 5-month low as frustration mounts over higher costs
Consumer sentiment dropped to 46.3 in October, influenced by rising living costs and negative outlooks on the economy, according to a University of Michigan survey. The average 30-year fixed mortgage rate reached a three-year high of 7.4%, impacting consumer buying conditions and increasing inflation expectations. While sentiment slightly improved among political parties ahead of the midterm elect... more
Oct 9, 2026 6:42 AM — Mortgage Rates
Who would buy a home at today's mortgage rates?
Mortgage rates above 7% are discouraging homebuyers, with only 6% of surveyed individuals willing to accept rates between 7.5% and 7.99%. In contrast, nearly half would consider buying if rates fell below 5.5%, which could drive significant market demand. Currently, rising rates have led to an 8.5% decline in pending home sales compared to the previous year.
Oct 9, 2026 3:00 AM — Mortgage Rates
Mortgage and refinance interest rates today, Friday, October 9, 2026: Mortgage rates fall, taking back some of yesterday's surge
Mortgage rates have decreased on October 9, 2026, with the average 30-year fixed rate dropping to 7.34% from 7.40% a week earlier. The 15-year fixed loan stands at 6.69%, and the 5/1 ARM at 7.09%. Refinance rates are slightly higher, with the 30-year fixed refinance at 7.48%. Analysts expect mortgage rates to stabilize between 6.7% and 6.8% through the remainder of 2026, reflecting a significant d... more
Oct 8, 2026 1:44 PM — Mortgage Rates
Mortgage rates are stuck at their highest level in 3 years — but there's a silver lining
The article discusses the latest mortgage rate data released by Freddie Mac, analyzing current trends and implications for prospective homebuyers and the real estate market.
Oct 8, 2026 12:14 PM — Mortgage Rates
Mortgage Rates Just Keep Going Up
The average rate for a 30-year fixed mortgage has increased to 7.4%, marking a rise of 1.6 percentage points since the onset of the war in Iran. This surge in mortgage rates is contributing to a significant increase in borrowing costs, with the monthly payment for a median existing home now $363 higher than before the conflict began. This is the seventh consecutive week of rising rates, which have... more
Oct 8, 2026 9:23 AM — Mortgage Rates
Mortgage rates rise for seventh straight week, squeezing homebuyers
Mortgage rates increased for the seventh consecutive week, with the average rate for a 30-year fixed mortgage rising to 7.4%, up from 7.28% the previous week. This increase is attributed to rising 10-year Treasury yields influenced by inflation expectations, a bond market selloff, and increased fiscal deficits. The rate for a 15-year fixed mortgage also climbed to 6.73%. High mortgage rates have n... more
Oct 8, 2026 9:08 AM — Mortgage Lending
Mortgage rates are stuck at the highest level in nearly three years: Mortgage and refinance interest rates today
Bank of America (BofA) experienced a 17% decline in its Q3 profit, attributed to a $1.2 billion penalty and decreased activity on Wall Street. The earnings season began with reports from JPMorgan, Goldman Sachs, Citi, and Wells Fargo, highlighting trends in the banking sector.
Oct 8, 2026 9:08 AM — Mortgage Rates
Mortgage rates are stuck at the highest level in nearly three years: Mortgage and refinance interest rates today
Mortgage rates are currently around 7.4%, reflecting a rise from 7.28% the previous week, according to Freddie Mac. This increase in rates has noticeably cooled the housing market, with pending home sales declining year over year in August and September. Higher rates have caused sellers to reduce prices significantly. Market fluctuations have been influenced by rising bond yields and government sp... more
Oct 8, 2026 8:06 AM — Mortgage Rates
Mortgage rate predictions for the next five years: Rates are rising
Mortgage rates are predicted to continue rising as we approach the fourth quarter of 2026, with various forecasts for the next five years. Economists expect the Federal Reserve to raise interest rates before potentially cutting them by the end of 2027, influencing 10-year Treasury yields, which are closely tied to mortgage rates. Current trends indicate higher long-term yields, with predictions su... more
Oct 7, 2026 12:19 PM — Mortgage Rates
US 30-year mortgage rate hits highest in nearly three years
The interest rate on the average 30-year fixed-rate mortgage in the US rose sharply to 7.49%, marking the highest level in nearly three years and further complicating affordability for homebuyers ahead of upcoming elections. This rise is linked to surging yields on US 10-year Treasury notes due to inflation concerns and economic growth. Consequently, mortgage applications fell by 4.2%, with refina... more
Oct 7, 2026 10:15 AM — Mortgage Lending
As mortgage rates rise, more borrowers are turning to adjustable-rate loans
With mortgage rates nearing 8%, there has been a significant increase in the uptake of adjustable-rate mortgages (ARMs), which rose to nearly 11% of mortgage borrowers as of mid-September—the highest level in almost four years. Borrowers are attracted to ARMs due to potential interest savings compared to fixed-rate loans, despite the risks associated with possible rate hikes after an initial fixed... more
Oct 5, 2026 3:00 PM — Mortgage Rates
Mortgage rates spike to 7.28%, adding $276/month to a $400,000 loan — and Kevin Hassett's explanation falls short
Mortgage rates have risen for six consecutive weeks, reaching an average of 7.28% for a 30-year fixed mortgage as of October 1, marking the highest rate since November 2023. This significant increase, noted as the largest in four years, impacts the housing market negatively. The rise in rates is attributed to both higher borrowing by businesses for investment in infrastructure and fluctuating oil ... more
Oct 4, 2026 11:30 AM — Mortgage Rates
Trump Promised to Bring Mortgage Rates Down to 3% — Two Years Later, They Are at the Highest Since He Took Office: Economist Says 'I Would Be Extremely Concerned Right Now…'
Mortgage rates have risen to 7.28% for a 30-year fixed mortgage, the highest recorded since Trump took office in 2025. This increase follows Trump's prediction of rates dropping to 3% two years ago. Criticism from Senator Mark Warner highlights the impact of Trump's economic policies on affordability. Economists express concern over the potential for rates to rise further, with some predicting the... more
Sep 1, 2026 12:00 AM — Mortgage Rates
Why a mortgage rate lock makes sense this September
In September 2026, average mortgage interest rates have risen to 6.87% on a 30-year mortgage, reversing a previous downward trend. Despite the higher rates, there are strong reasons for buyers to consider locking in this rate now, especially with the Federal Reserve likely to raise interest rates in their upcoming meeting. Locking in a mortgage rate now can protect buyers from potential future inc... more
Apr 22, 2026 2:30 AM — Mortgage Rates
Mortgage and refinance interest rates today, April 22, 2026: Waiting on the 30-year to drop below 6%
The article provides the current mortgage rates for 30-year fixed, 20-year fixed, and 15-year fixed loans. It also discusses the advantages and disadvantages of different mortgage loan term lengths such as the predictability of monthly payments and the total interest paid over the life of the loan.
Apr 21, 2026 8:30 PM — Mortgage Rates
Mortgage rate predictions for the next 5 years: Where experts — and AI — think rates will be by 2030
The article discusses mortgage rate predictions for the next five years based on expert economic projections and data compiled using AI. Factors like the yield on the 10-year U.S. Treasury note, spread between Treasury yields and mortgage rates, and potential scenarios like recession or high inflation are considered when estimating where mortgage rates could go. The analysis predicts that mortgage... more
Apr 21, 2026 8:30 AM — Mortgage Rates
Mortgage and refinance rates today, April 21, 2026: Rates hold mostly firm
The article discusses the current mortgage rates according to Zillow data, with the 30-year fixed rate at 6.05% and the 15-year fixed rate at 5.50%. It also provides information on mortgage refinance rates, mortgage calculators, differences between 15-year and 30-year mortgages, adjustable-rate mortgages, and long-term mortgage rate forecasts for 2026 and 2027.
Apr 20, 2026 10:30 AM — Mortgage Rates
Weekly survey of mortgage lenders with the best rates: 5 lenders offer below 6% APR
Mortgage rates are falling, with five lenders now offering fee-included rates under 6%. The top lender is Navy Federal Credit Union with a rate of 5.740%. Shopping around for the lowest rate is key, as it can save borrowers up to $44,000 over the life of a 30-year loan. The most important number to consider is the mortgage annual percentage rate (APR), which includes both the interest rate and len... more
Apr 20, 2026 9:30 AM — Housing Market
Home sellers outnumber homebuyers in low-demand market
Homebuyers are not lining up this spring, with an estimated 1.39 million buyers in the market last month, close to the low seen at the start of the pandemic. Buyer numbers have dropped compared to March 2025, while sellers have slightly increased. The housing market is currently favoring buyers in more areas, with only a few sellers' markets remaining. Home prices in certain regions are on the ris... more
Apr 20, 2026 2:30 AM — Mortgage Rates
Mortgage and refinance interest rates today, April 20, 2026: Poised to dip below 6%
The article discusses current mortgage rates and provides information on different types of mortgage rates, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages. It also highlights factors that can help borrowers get the lowest mortgage rates and explains the differences between mortgage and refinance rates.
Apr 19, 2026 8:30 AM — Mortgage Rates
Mortgage and refinance interest rates today, April 19, 2026: Another weekend with lower rates (6.02%)
The article discusses the current national average mortgage rates, providing information on 30-year fixed, 20-year fixed, 15-year fixed, 5/1 ARM, 7/1 ARM, and VA rates. It explains the differences between 30-year and 15-year mortgages, emphasizing how term length affects monthly payments and overall interest paid. The article also covers fixed-rate mortgages, adjustable-rate mortgages, and factors... more
Apr 18, 2026 4:30 AM — Mortgage Rates
Mortgage and refinance interest rates today, April 18, 2026: Lowest in 5 weeks
Mortgage rates have fallen to their lowest point in five weeks due to a decrease in Middle East tensions. Current rates for 30-year fixed and 15-year fixed mortgages have dropped to 6.02% and 5.50%, respectively. Mortgage refinance rates are slightly higher than when buying a house. Rates are expected to stay around 6.30% in 2026. A 30-year fixed mortgage has predictable monthly payments but high-... more
Apr 17, 2026 4:31 AM — Mortgage Rates
Mortgage and refinance interest rates today, April 17, 2026: Buying power 'better than a year ago'
The article discusses how mortgage rates have fallen to 4-week lows, indicating a slight improvement in buying power for shoppers. It provides current mortgage rates for various types of loans, such as 30-year fixed and 15-year fixed, along with mortgage refinance rates. The article also explains the differences between fixed-rate and adjustable-rate mortgages, detailing how they impact monthly pa... more
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