These are today's mortgage and refinance rates. Mortgage rates rose last week and remain elevated as investors watch the ...

These are today's mortgage and refinance rates. Mortgage rates rose this week as investors weighed the GOP tax bill, a credit downgrade, and tariffs.

Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.

Our Nerdy take on mortgage rate trends May 21, 2025: Mortgage rates keep hanging around near the 7% level, and that's too high for a lot of would-be buyers who are waiting for rate relief.

After a jump Thursday, the flagship average essentially held steady Friday, subtracting a single basis point to land at 7.02%. Rates for most other mortgage types also showed minor movement.

The average rate on the standard 30-year fixed mortgage edged lower to 6.78%, according to a survey of lenders released Thursday by the mortgage-finance firm Freddie Mac. It was one basis point ...

After hitting a peak of 7.04% in January 2025 ... “[M]any economists expect mortgage rates will stay near their current levels for some time, possibly for most of 2025,” Cook says.

The stretch included the sharpest one-day jump since March 2020 and helped keep 30-year fixed mortgage rates hovering near 7%, according to Mortgage News Daily data. That matters for borrowers ...

“If mortgage spreads had been as unfavorable as they were in 2023, mortgage rates would be around 8% instead of near 7%.” Market observers believe that the cuts will be paused when the Fed ...

Late last year, mortgage rates climbed back into the 7% range after the Federal Reserve said it would adopt a slower pace of interest rate cuts in 2025 due to limited progress on inflation.

If you're in the market to buy a house, don't expect mortgage rates to drop anytime soon. "In the near term, rates are going to be stuck near 7%," said Jonathan Miller, CEO of Miller Samuel Real ...

With mortgage rates hovering near 7%, the tepid sales were an inauspicious start to the vital spring homebuying season, Existing home sales fell 5.9% last month from February to a seasonally ...