October 9, 2025 Mortgage rates decreased this week. Over the last few weeks, mortgage rates have settled in at their lowest level in about a year. There is growing evidence that homebuyers are digesting these lower rates and gradually are … Continue reading
Mortgage Rates Increase
October 2, 2025 The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%. The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers … Continue reading
Mortgage Rates Inch Up
September 25, 2025 Following several weeks of decline, mortgage rates inched up this week. Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year. Information … Continue reading
August Monthly Skinny Video
Mortgage Rates Continue to Move Down
September 18, 2025 Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022. Information provided by Freddie Mac.
Mortgage Rates Drop
September 11, 2025 The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year. Mortgage rates are headed in the right direction and homebuyers have noticed, as purchase applications reached the highest … Continue reading
Mortgage Rates Tumble
September 4, 2025 Mortgage rates continue to trend down, increasing optimism for new buyers and current owners alike. As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding. In fact, the share of … Continue reading
Mortgage Rates Tick Down
August 28, 2025 Mortgage rates are at a 10-month low. Purchase demand continues to rise on the back of lower rates and solid economic growth. Though many potential homebuyers still face affordability challenges, consistently lower rates may provide them with … Continue reading
July Monthly Skinny Video
Mortgage Rates Level Off
August 21, 2025 The 30-year fixed-rate mortgage remained flat this week. Over the summer, rates have come down and purchase applications are outpacing 2024, though a number of homebuyers continue waiting on the sideline for rates to further decrease. Information … Continue reading
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