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Mortgage News

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News for: Beinsure
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Oct 11, 2026 10:37 PM — Mortgage Rates
Current US Mortgage Rates Rise as Refinance Home Loan Demand Falls
On October 12, US mortgage rates rose, with the average 30-year fixed mortgage reaching 7.55%. The increase followed a bond-market selloff that pushed Treasury yields higher, resulting in higher financing costs. Total mortgage application volume dropped by 4.2%, with purchase applications down 2% and refinancing applications dropping 8%. The average contract rate for 30-year fixed mortgages rose t... more
Oct 11, 2026 3:46 AM — Mortgage Rates
US mortgage rates today hit 7.4%, highest since November 2023
US mortgage rates have reached their highest level in nearly three years, with the average for a 30-year fixed mortgage hitting 7.4%. This increase comes amid elevated property prices and a strained housing market, making homeownership increasingly difficult. Total mortgage application volume fell by 4.2% from the previous week, with refinancing applications seeing a steep decline of 56% compared ... more
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