Today's Mortgage Rates | Sticky Inflation Is Keeping Rates Elevated Near 7%
These are today's mortgage and refinance rates. Mortgage rates are up near 7% thanks to inflation and fears that Trump could push prices up further.
What To Expect For Mortgage Rates In 2025
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage rates.
Why mortgage rates are still high despite the Fed rate cuts
When the Fed cuts rates, it often leads to lower mortgage rates because borrowing costs drop overall. Unfortunately, though, mortgage rates have instead climbed higher since the F
How to Get a Mortgage Rate Under 3% in 2025
Mortgage rates are hovering close to 7 percent, but there are still options for securing a rate in the 3 percent range or lower.
Today's Mortgage Rates | Rates Inch Closer to 7% as Fed Cuts Look Less Likely
These are today's mortgage and refinance rates. Mortgage rates have increased this month, and it's unclear if they'll drop much this year.
Will mortgage rates fall below 6% in 2025? What experts say
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says Steven Parangi, a licensed mortgage loan originator and owner of Alpine Mortgage Services. His view aligns with the Mortgage Bankers Association's prediction that rates will stay between 6% and 7% throughout the year.
Mortgage Rates Today: January 13, 2025—Rates Move Up
Today, the mortgage interest rate on a 30-year fixed mortgage is 7.43%, according to Curinos. On a 15-year fixed mortgage, the average rate is 6.61%, and the average rate on a 30-year jumbo mortgage is 7.
Today's Mortgage Rates | Rates Can't Drop Until Inflation Slows Further
These are today's mortgage and refinance rates. Mortgage rates have gone up thanks to strong economic data. Where they go next depends on inflation.
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Mortgage rates will remain elevated while the economy runs hot
“While the Fed did make the planned cuts, mortgage rates are more impacted by ... We see little reason for additional ...
Mortgage rates hit 6-month high, loan applications dwindle
“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First ...
The Fed Is Cutting - Why Are Mortgage Rates Going Up?
Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are ...
What factors drive mortgage loan interest rates?
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
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Mortgage Rates Reach Seven-Month High
Interest rates on mortgages are on the rise, with the benchmark 30-year fixed mortgage rate increasing to 6.93 percent last ...
Today's Mortgage Rates | Good News for the Economy is Bad News for Rates
These are today's mortgage and refinance rates. The economy has remained strong in recent months, keeping mortgage rates ...