Mortgage News
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News for: PBS
Showing 1 - 10 of 10 results
Mar 24, 2026 11:30 AM
— Interest Rates
Chances of Fed cutting interest rates fade as inflation worsens
The war in Iran has led to a jump in gas prices which has resulted in higher interest rates for mortgages, auto loans, and business borrowing. The Federal Reserve is no longer expected to cut rates this year, with the possibility of a rate hike looming. The uncertainty created by the war has made it difficult for the Fed to determine its key interest rate, and economists are more concerned about i... more
Mar 19, 2026 1:30 PM
— Mortgage Rates
Average U.S. long-term mortgage rate rises to 6.22%, highest in more than 3 months
The average long-term U.S. mortgage rate rose to 6.22%, the highest level in more than three months, impacting prospective home shoppers during the spring homebuying season. Mortgage rates have been influenced by factors such as the war with Iran, rising oil prices, and the Federal Reserve's interest rate policy decisions. The recent reversal in mortgage rates has clouded the spring homebuying sea... more
Mar 13, 2026 3:30 PM
— Housing Market
Trump signs executive orders aimed at home affordability ahead of midterms
President Donald Trump signed two executive orders aimed at improving home affordability by reducing federal housing regulatory burdens and reducing regulatory burdens tied to mortgages. These orders show an emphasis on home ownership policy and seek to streamline the mortgage process to increase lending and reduce borrowing costs.
Nov 2, 2025 3:05 AM
— Housing Market
U.S. home turnover rate at lowest level in decades as housing slump drags on, analysis finds
The turnover rate for U.S. homes is at its lowest in nearly 30 years, with only 28 out of every 1,000 homes changing hands between January and September. This decrease in turnover rate can be attributed to factors such as a slowing job market, lack of employment opportunities, and high mortgage rates that discourage homeowners from selling and buying new homes.
Oct 28, 2025 3:12 PM
— Interest Rates
WATCH LIVE: Powell delivers remarks after Federal Reserve meeting on interest rates
The Federal Reserve is expected to cut its key interest rate in order to bolster hiring, with the possibility of another cut in December. This could benefit consumers by reducing borrowing costs for mortgages and auto loans. The central bank is navigating an unusual economic period, with hiring slowing down, inflation remaining high, and the economy heavily reliant on tech company investments.
Oct 23, 2025 11:17 AM
— Mortgage Rates
Average long-term mortgage rate drops to lowest level in more than a year
The average rate on a 30-year U.S. mortgage fell to its lowest level in over a year, boosting home sales. Mortgage rates are influenced by multiple factors and have been declining in anticipation of further interest rate cuts by the Federal Reserve. The recent drop in rates has led to an increase in refinancing and a rise in adjustable-rate mortgages applications.
Sep 18, 2025 8:25 AM
— Mortgage Rates
What to know about the Fed’s rate cut and mortgage rates
The Federal Reserve recently cut interest rates by a quarter-point, with projections for two more cuts this year due to concerns over the job market. Mortgage rates have been falling since late July on expectations of the rate cut, but there is uncertainty whether rates will continue to decline. Factors influencing mortgage rates include the Fed's interest rate policy decisions, bond market invest... more
Sep 16, 2025 3:23 PM
— Interest Rates
WATCH LIVE: Powell holds news conference after Fed’s highly anticipated interest rate decision
The Federal Reserve began a meeting on interest rate policy with a new Trump administration appointee and an official targeted for removal. This meeting is expected to result in a quarter-point reduction in the key rate, which could lead to further declines in borrowing costs for mortgages, car loans, and credit cards.
Aug 20, 2025 9:23 AM
— Interest Rates
Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud
President Trump called on Federal Reserve governor Lisa Cook to resign after allegations of committing mortgage fraud. The administration has accused Cook of claiming two homes as principal residences to obtain better mortgage lending terms. Trump has demanded lower interest rates from the Fed to reduce government borrowing costs and boost the housing market. The Fed declined to comment on the acc... more
Aug 14, 2025 3:23 PM
— Mortgage Rates
Average 30-year U.S. mortgage rate drops to lowest level since October
The average rate on a 30-year U.S. mortgage fell to its lowest level in nearly 10 months, giving a boost to potential homebuyers. Rates on 15-year fixed-rate mortgages also dropped. The housing market has been stagnant due to high rates since 2022, but the recent decrease in rates has seen an increase in mortgage applications, especially for refinancing.
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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.