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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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News for: CBS News
Showing 1 - 24 of 138 results
Apr 14, 2026 6:30 AM — Mortgage Rates
What are today's mortgage interest rates: April 14, 2026?
Mortgage interest rates have not declined recently due to inflation and geopolitical tensions. However, rates are still lower than previous years, so it may be a good time to lock in a rate. Shopping around for a mortgage can result in finding rates up to one percentage point lower than average, especially with a good credit score. Refinancing options are also available, with rates slightly higher... more
Apr 13, 2026 7:35 AM — Mortgage Rates
What are today's mortgage interest rates: April 13, 2026?
After significant market turbulence, mortgage rates are starting to ease, with the 30-year mortgage rate dropping to its lowest point in recent weeks. This comes as bond markets have rallied on shifting trade war expectations. The average mortgage interest rate on a 30-year loan is 6.30% as of April 13, 2026, and the average rate on a 15-year mortgage is 5.92%. Buyers and refinancers are urged to ... more
Apr 10, 2026 12:30 PM — Mortgage Rates
What the new inflation spike could mean for mortgage interest rates
Inflation surged to 3.3%, impacting mortgage rates and potentially causing them to increase in the future. Borrowers are advised to consider locking in a rate now to protect against potential future increases. Lenders may raise rates to offset market risks, impacting inventory and home prices in the market.
Apr 8, 2026 6:30 AM — Mortgage Rates
What are today's mortgage interest rates: April 8, 2026?
Average mortgage interest rates in early 2026 were below 6% for 30-year terms, but rose significantly in March due to economic reports and overseas conflicts. However, recent developments could lead to improvements for borrowers, with rates at 6.25% for 30-year mortgages and 5.75% for 15-year terms as of April 8, 2026. Borrowers with good credit scores will receive the best rates, and refinancing ... more
Apr 7, 2026 12:30 PM — Mortgage Rates
What are today's mortgage interest rates: April 7, 2026?
Recent economic challenges, including the conflict in Iran, have caused mortgage rates to remain volatile. While the 30-year mortgage rate is still above 6%, the 15-year mortgage rate has slightly decreased, making shorter-term loans more attractive to buyers. Refinancing may be a good option for those with high-interest rates. Shopping around for the best mortgage rate is crucial, as rates depend... more
Apr 6, 2026 7:31 AM — Mortgage Rates
What are today's mortgage interest rates: April 6, 2026?
Mortgage rates have been increasing due to economic uncertainty, tariff announcements, and elevated inflation. As of April 6, 2026, the average mortgage interest rate on a 30-year mortgage is 6.41% and on a 15-year mortgage is 6.02%. Refinancing rates are at 6.84% for 30-year loans and 5.84% for 15-year loans. Buyers and homeowners with strong credit profiles may be able to secure lower rates, and... more
Apr 2, 2026 12:30 PM — Mortgage Rates
Mortgage rates are surging, foiling homebuyers' best-laid plans
Surging mortgage rates, driven by factors like the Iran war, are threatening to disrupt the spring homebuying season. Rates on 30-year home loans have risen sharply, impacting prospective homebuyers like Rachel Marks and Devan Post. The higher rates are expected to persist due to inflation concerns, potential lack of Fed rate cuts, and market expectations. While some buyers may rush to lock in rat... more
Mar 31, 2026 5:30 AM — Mortgage Rates
What are today's mortgage interest rates: March 31, 2026?
Borrowers hoping for declining mortgage interest rates in March were disappointed as rates increased due to rising unemployment, stalled inflation progress, and the Federal Reserve holding interest rates steady. However, there is optimism for rates to potentially drop in April. The average 30-year mortgage rate is 6.37% and the average 15-year purchase term rate is 5.75% as of March 31, 2026. Borr... more
Mar 30, 2026 12:31 PM — Interest Rates
What are today's mortgage interest rates: March 30, 2026?
Mortgage interest rates increased by approximately half a percentage point this month, despite the Federal Reserve not raising rates. The increase was due to rising geopolitical tensions, overseas conflicts, a rise in the unemployment rate, and stagnant inflation. However, rates are still lower than they were in 2025, and there is potential for movement in April to push rates back down. As of Marc... more
Mar 24, 2026 7:30 AM — Mortgage Rates
What are today's mortgage interest rates: March 24, 2026?
Mortgage interest rates have been impacted by recent developments, resulting in rates higher than at the end of February. Despite this, rates are still more competitive than in 2025. Borrowers are encouraged to shop around for better offers and to check their credit score before applying. Refinance rates are also higher than recent weeks but offer potential savings for owners. It's important to cr... more
Mar 24, 2026 7:30 AM — Interest Rates
Why did mortgage rates go up again?
Mortgage interest rates have fluctuated significantly since the pandemic, reaching their highest level in 2000 in 2023, then dropping to multi-year lows in 2024 and 2025. However, rates have recently risen due to mixed economic news, rising geopolitical tensions, and the Federal Reserve pausing rate cuts. This has caused concerns for homebuyers and owners looking to refinance, but locking in a rat... more
Mar 23, 2026 11:30 AM — Mortgage Rates
Here's what a $600,000 mortgage costs monthly at today's rates
The article discusses how the Federal Reserve's decision to pause interest rate cuts has led to an increase in mortgage interest rates, impacting borrowers, homebuyers, and owners looking to refinance. It highlights the potential rise in costs for a $600,000 mortgage, advises on considering mortgage rate locks, and warns against waiting for the perfect rate. It emphasizes the importance of taking ... more
Mar 23, 2026 7:30 AM — Mortgage Rates
What are today's mortgage interest rates: March 23, 2026?
Borrowers are facing an uncertain economic climate with inflation stuck, rising unemployment, and no interest rate cuts. Lenders have likely adjusted their rates to reflect recent changes, so borrowers can shop around with more confidence. Homebuyers and owners looking to refinance can save by finding rates up to 1% lower. As of March 23, 2026, the average mortgage interest rate on a 30-year mortg... more
Mar 19, 2026 2:30 PM — Mortgage Rates
Mortgage rates rise as Iran war fans inflation fears and lifts Treasury yields
Mortgage rates in the U.S. rose to 6.22% in the week ending March 19, the highest level in three months, due to inflation fears from the Iran war. This increase is a discouraging sign for house hunters as the spring buying season begins. Mortgage applications fell by 11% last week, and new home sales dropped by 18% in January.
Mar 18, 2026 6:31 AM — Mortgage Rates
What are today's mortgage interest rates: March 18, 2026?
The Federal Reserve is set to keep its federal funds rate untouched for another month. Mortgage interest rates are currently improved from the previous year, with the average rate on a 30-year mortgage at 6.00% and a 15-year mortgage at 5.50%. Homeowners are encouraged to consider a mortgage rate lock due to the possibility of rates rising in the near future. Refinancing rates are slightly lower, ... more
Mar 17, 2026 6:30 AM — Interest Rates
What are today's mortgage interest rates: March 17, 2026?
The Federal Reserve is meeting to discuss interest rates, which could impact mortgage rates even without a formal action. Current mortgage rates are higher than a month ago, but still lower than in previous years. Homebuyers and homeowners are encouraged to take advantage of rates now, as waiting could result in paying more or being priced out of the market. The article emphasizes the importance o... more
Mar 16, 2026 9:30 AM — Interest Rates
What are today's mortgage interest rates: March 16, 2026?
The Federal Reserve is meeting to discuss interest rate policy, with expectations of maintaining the current stance due to geopolitical tensions and economic factors. Mortgage interest rates for both 30-year and 15-year terms have increased since earlier in 2026, indicating some market uncertainty. Homebuyers and owners may benefit from locking in rates now to protect against potential increases i... more
Mar 16, 2026 4:30 AM — Interest Rates
Iran war is making it harder for the Federal Reserve to cut interest rates
The possibility of a Fed rate cut in June is uncertain due to rising energy prices caused by the conflict in Iran, leading to higher inflation. Economists are now predicting only one rate cut in 2026, if any. Mortgage rates have increased since the start of the Iran war and are influenced by bond rates, which are reacting to higher inflation expectations. The Fed is also dealing with weaker job gr... more
Mar 14, 2026 4:31 AM — Mortgage Rates
Why a mortgage rate lock before the March Fed meeting makes sense
Mortgage interest rates are slowly rising due to overseas conflicts, uneven unemployment, and inflation reports. The chances of a Federal Reserve interest rate cut are now close to 0% for March. Borrowers with good credit scores are advised to consider locking in today's lower rates before the Fed meeting to protect themselves from potential rate increases. Economic headwinds suggest that current ... more
Mar 14, 2026 4:31 AM — Mortgage Rates
What are today's mortgage interest rates: March 13, 2026?
In 2026, after a period of declining mortgage interest rates, the Federal Reserve has paused interest rate cuts. The average mortgage interest rate on a 30-year term is 6.12%, and on a 15-year purchase, it's 5.75%. Borrowers are advised to shop around to compare offers and consider options like refinancing into a 20-year mortgage or adding mortgage points to secure a rate that fits their budget.
Mar 10, 2026 7:31 AM — Mortgage Rates
Will mortgage rates fall after the March Fed meeting?
Heading into March, borrowers were monitoring the unemployment rate in February, the upcoming inflation reading in March, and the Federal Reserve's interest rate policy as key factors that could impact mortgage rates. The chances of a Fed rate cut appear low, leading to the expectation that mortgage rates will likely stay static following the March Fed meeting. However, as the year progresses and ... more
Mar 9, 2026 6:30 AM — Mortgage Rates
What are today's mortgage interest rates: March 9, 2026?
Mortgage interest rates have been fluctuating due to high inflation and interest rates, but have since improved. Currently, the average rate for a 30-year mortgage is 5.99% and 5.50% for a 15-year mortgage. Refinance rates have also decreased, with the average rate for a 30-year refinance at 6.34% and 5.39% for a 15-year option.
Mar 5, 2026 1:33 PM — Mortgage Rates
Iran war hits housing market as mortgage rates rise to 6% on inflation fears
Mortgage rates have increased to 6% amid concerns of inflation due to the war in Iran. The rise in rates could deter some buyers, even though they remain lower than a year ago. The increase is attributed to global oil prices rising, leading to inflation fears and higher bond yields. This could potentially impact the Federal Reserve's interest rate decisions and the broader lending environment.
Mar 4, 2026 7:30 AM — Mortgage Rates
What are today's mortgage interest rates: March 4, 2026?
In March, mortgage interest rates have remained relatively steady, but upcoming economic reports and the Federal Reserve's meeting in mid-March could change that. Despite current rates being affordable, borrowers with good credit scores may secure even lower rates. Homeowners may benefit from shopping around for refinance options with rates varying between 5.37% and 6.40% for different terms.
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