News for: ABC News
Showing 1 - 24 of 43 results
Apr 13, 2026 11:31 AM
— Mortgage Rates
US home sales fall in March, marking a slow start to the spring homebuying season
Sales of previously occupied U.S. homes fell in March to their slowest pace in nine months despite easing mortgage rates and more properties on the market. Home prices continued to rise, reaching an all-time high for any March. The housing market has been sluggish due to lower consumer confidence and softer job growth. Mortgage rates initially eased, but have since been rising due to concerns abou... more
Apr 9, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate eases to 6.37% after rising five weeks in a row
The average long-term U.S. mortgage rate decreased this week to 6.37%, providing some relief to homebuyers after rates climbed to their highest level in nearly seven months. The increase in mortgage rates was attributed to worries about higher inflation due to the war with Iran, which caused the yield on 10-year U.S. Treasury bonds to rise.
Apr 2, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate climbs to 6.46%, the highest level in nearly 7 months
The average long-term U.S. mortgage rate has climbed for the fifth straight week, reaching its highest level in nearly seven months. The 30-year fixed rate mortgage rate rose to 6.46%, impacting home shoppers by adding hundreds of dollars in costs each month. Mortgage rates are influenced by various factors including the Federal Reserve's interest rate policy decisions and bond market investors' e... more
Mar 26, 2026 4:31 PM
— Mortgage Rates
Average US long-term mortgage rate leaps to 6.38%, the highest level in more than 6 months
The average long-term U.S. mortgage rate has risen to its highest level in over six months, making it more expensive for prospective homebuyers. Factors such as the war with Iran, higher oil prices, and inflation concerns have contributed to the increase. Mortgage rates are influenced by the Federal Reserve's interest rate decisions, bond market expectations, and the 10-year Treasury yield. The ri... more
Mar 19, 2026 7:30 AM
— Mortgage Rates
Average US long-term mortgage rate rises to 6.22%, highest level in more than 3 months
The average long-term U.S. mortgage rate climbed to its highest level in over three months due to various factors like the war with Iran, rising oil prices, and inflation concerns. The 30-year fixed rate mortgage rose to 6.22% from 6.11%, while the 15-year fixed-rate mortgage also increased. Mortgage rates are influenced by the Federal Reserve's decisions, bond market expectations, and Treasury yi... more
Mar 12, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate rises to 6.11%, back to where it was 5 weeks ago
The average long-term U.S. mortgage rate rose to 6.11% from 6% last week, influenced by bond market jitters over the war with Iran. The rates for 15-year fixed-rate mortgages also increased to 5.5%. Treasury yields have been climbing due to rising oil prices, leading to concerns about higher inflation. Despite soft economic readings, the news from the Middle East is overriding signals, potentially... more
Mar 10, 2026 7:30 AM
— Housing Market
US homes sales bounced back in February as homebuyers seized on easing mortgage rates
Sales of previously occupied U.S. homes bounced back in February due to easing mortgage rates and a modest increase in properties on the market. Existing home sales rose 1.7% from January to a seasonally adjusted annual rate of 4.09 million units, surpassing economist expectations. Home prices continued to rise slowly, with the national median sales price increasing 0.3% from a year earlier to $39... more
Feb 26, 2026 11:07 AM
— Mortgage Rates
US mortgage rates drop below 6% for the 1st time in nearly 4 years
The rate on a 30-year fixed mortgage has dropped below 6% for the first time in nearly four years, potentially boosting sales of new and existing homes. This drop, combined with an increase in the availability of homes for sale, is expected to attract more buyers into the market. Some analysts believe that housing is becoming more affordable as wages rise faster than home prices. Each percentage p... more
Feb 19, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years
The average long-term U.S. mortgage rate has fallen to its lowest level in over three years, reaching 6.01% for the 30-year fixed rate mortgage. Borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate policy decisions and bond market investors' expectations for the economy and inflation. Despite the recent... more
Feb 18, 2026 2:30 AM
— Housing Market
'On the right path': Housing market offers glimmers of hope, some analysts say
Mortgage rates have fallen more than a percentage point, making housing more affordable. Home prices are slowing down while income gains are accelerating, improving purchasing power for buyers. However, there is still a shortage of housing supply causing challenges in the market. Existing home sales have declined, and the lock-in effect, where homeowners are reluctant to move due to higher mortgag... more
Feb 12, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate dips to where it was 3 week ago, just above 6%
The average long-term U.S. mortgage rate is holding just above 6% after a modest pullback this week. The 30-year fixed rate mortgage rate slipped to 6.09% from 6.11% last week. Rates on 15-year fixed-rate mortgages also edged lower. Mortgage rates are influenced by various factors, including the Federal Reserve's interest rate policy and bond market investors' expectations. Economists anticipate r... more
Feb 5, 2026 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate barely budges, holding near 6%
The average long-term U.S. mortgage rate remained close to 6% this week as the spring homebuying season approaches. The 30-year fixed rate mortgage increased slightly to 6.11% from 6.1% last week, while the rate on 15-year fixed-rate mortgages also inched up. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policies and bond market investors' expectations for the e... more
Jan 29, 2026 1:30 PM
— Mortgage Rates
Average US long-term mortgage rate ticks higher, holding near lowest point in more than 3 years
The average long-term U.S. mortgage rate slightly increased for the second consecutive week, but is still close to its lowest level in over three years. The 30-year fixed rate rose to 6.1% from 6.09% while the 15-year fixed rate also went up slightly. Mortgage rates are influenced by various factors including the Federal Reserve's interest rate decisions and bond market expectations.
Jan 27, 2026 10:30 AM
— Interest Rates
Trade tensions are whipsawing US mortgage rates. What happens next?
Mortgage rates initially fell below 6% after the Trump administration announced policies to boost homeownership, but rose to 6.21% after trade tensions and tariff threats. The rates are expected to face downward pressure from potential interest-rate cuts and further administration steps to reduce borrowing costs. Bond yields and Treasury rates affect mortgage rates, with concerns arising over U.S.... more
Jan 25, 2026 5:30 AM
— Mortgage Rates
Trump housing finance chief OKs more mortgage spending and adds risk for government-backed lenders
President Donald Trump’s federal housing finance director, Bill Pulte, granted government-backed lenders the authority to nearly double a $200 billion bond purchase to lower mortgage rates. This move raises concerns about increased risk for the companies and reverses two decades of bipartisan consensus. Some members of Congress worry that the rental market could be affected if supply doesn't incre... more
Jan 22, 2026 10:30 AM
— Mortgage Rates
Average US long-term mortgage rate edges higher, but still near lowest point in more than 3 years
The average long-term U.S. mortgage rate slightly increased this week but remains near its lowest level in over three years. The 30-year fixed rate mortgage rose to 6.09% from 6.06% last week, while the 15-year fixed-rate mortgage also rose to 5.44%. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy decisions and bond market investors' expectations. Despite t... more
Jan 15, 2026 10:30 AM
— Mortgage Rates
Average US long-term mortgage rate hits the lowest point in more than 3 years
The average long-term U.S. mortgage rate has dropped to its lowest level in over three years, with the 30-year fixed rate at 6.06% and the 15-year fixed rate at 5.38%. Lower mortgage rates are benefiting homebuyers and refinancers, with applications for refinancing loans surging 40%. Economists expect rates to continue easing further this year, but they still remain higher than six years ago.
Jan 8, 2026 11:30 AM
— Mortgage Rates
Average US long-term mortgage rate edges higher but remains near 2025 low
The average rate on a 30-year U.S. mortgage edged higher to just above its 2025 low, reaching 6.16%. Borrowing costs on 15-year fixed-rate mortgages also rose slightly. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate policy decisions, bond market expectations, and the 10-year Treasury yield.
Jan 2, 2026 9:30 AM
— Interest Rates
Why are mortgage rates at their lowest level since 2024?
Mortgage rates have fallen to their lowest level in 15 months, with the average interest rate on a 30-year fixed mortgage standing at 6.15%. The drop in mortgage rates is seen as an encouraging sign for potential homebuyers in 2026. The decline in rates is attributed to a slowdown in hiring, prompting the Fed to cut interest rates in an effort to boost the labor market. However, current homeowners... more
Dec 31, 2025 8:30 AM
— Mortgage Rates
Average US long-term mortgage rate falls to the lowest level of the year at 6.15%
The article discusses how the average rate on a 30-year U.S. mortgage fell to its lowest level of 2025, providing encouragement for prospective home buyers. Mortgage rates are influenced by various factors, including the Federal Reserve's interest rate policy decisions and bond market expectations. Despite recent rate cuts and increased home listings, affordability remains a challenge for many buy... more
Dec 24, 2025 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate ticks down to 6.18% this week
The average rate on a 30-year U.S. mortgage decreased slightly, remaining within a narrow range for the past two months. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate decisions and bond market expectations. Home listings have increased, with sellers lowering prices as homes take longer to sell, but affordability remains a challenge for many buyers.
Dec 13, 2025 4:30 AM
— Mortgage Rates
Will borrowers see lower rates? What the Fed's interest rate cut means for you
The Federal Reserve has cut interest rates a quarter of a percentage point, but the impact on long-term borrowing like mortgages is minimal as those rates depend on expectations for interest rates years into the future. Mortgage rates, which closely track the yield on a 10-year Treasury bond, were largely unchanged despite the rate cut. On the other hand, credit card interest rates might see some ... more
Dec 11, 2025 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year
The average rate on a 30-year U.S. mortgage slightly increased this week but is still close to the low point for the year. Borrowing costs on 15-year fixed-rate mortgages also rose. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate policy decisions and bond market expectations.
Dec 4, 2025 9:30 AM
— Mortgage Rates
Average US long-term mortgage rate falls to 6.19%, near its low for the year
The average rate on a 30-year U.S. mortgage fell to 6.19%, close to the lowest point so far this year. Borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by various factors including the Federal Reserve's interest rate decisions and bond market investors' expectations. Declining mortgage rates have boosted homebuyers' purchasing power and helped increase ... 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.