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Mortgage News

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News for: NBC News
Showing 1 - 6 of 6 results
Mar 22, 2026 4:30 AM — Mortgage Rates
The Iran war has already hit your gas budget. Here's what it's coming for next.
The U.S.-Iran war has led to a 32% surge in gas prices in just three weeks, affecting consumers' spending ability. Stock market losses are mounting due to the conflict, impacting investors. Mortgage rates have also risen, reaching 6.53% on a 30-year fixed mortgage, putting pressure on potential homebuyers. Growing fears of inflation due to higher gas prices are shifting expectations for interest r... more
Mar 21, 2026 4:31 AM — Mortgage Rates
Markets drop as gas prices, mortgage rates rise
Markets are on a four-week losing streak, nearing a possible correction of ten percent drop from recent highs. The war with Iran is causing oil and gas prices to rise, leading to an increase in mortgage rates after a recent decline.
Jan 9, 2026 10:30 AM — Mortgage Rates
Mortgage rates just fell below 6% for the first time in years
Mortgage rates fell below 6% for the first time in years after President Trump ordered the purchase of $200 billion in mortgage bonds. This led to a drop in interest rates for 30-year fixed and 15-year fixed mortgages. The move was an attempt to make homeownership more affordable for Americans.
Oct 23, 2025 1:23 PM — Mortgage Rates
Mortgage rates are the lowest in a year. Should you refinance?
Mortgage rates have fallen to the lowest level in a year, below 6.2%, potentially dropping even further with additional rate cuts by the Federal Reserve. This presents an opportunity for recent homebuyers to refinance at a lower rate and save money on monthly payments, but experts advise considering closing costs and the overall costs of homeownership.
Jul 29, 2025 2:23 PM — Interest Rates
The Fed is expected to hold rates steady as Trump pushes for a cut
The Federal Reserve is expected to leave interest rates unchanged despite President Trump's desire for lower rates to boost the U.S. economy. Inflation concerns, tariff impacts, and potential inflation resulting from trade policies are factors weighing on the Fed's decision. The Fed's key rate does not directly impact mortgage interest rates, which are influenced by factors such as the yield on 10... more
May 28, 2025 11:00 AM — Mortgage Rates
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage rates increased to the highest level since January, but homebuyers were still applying for loans. Purchase applications rose by 2%, while applications to refinance fell by 7% for the week. Mortgage rates slightly dropped at the start of the week after a report on consumer confidence.
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