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What the Fed interest rate cut means for mortgages

The Federal Reserve just issued its first interest rate cut since 2024. Here's what it could mean for mortgages. read more

Mortgage interest rates just fell to a 3-year low. Here's why (and what to do now).

Mortgage rates just hit their lowest point since 2022, which means there are a few moves buyers should make now. read more

What falling mortgage rates mean for American homebuyers

Mortgage rates are falling despite the Federal Reserve's reluctance to introduce new cuts over the past eight months, giving American homebuyers more purchasing power at a time when the market is ... read more

Mortgage Rates Dip to Year-Low as Jobs Data Disappoints

With August job growth falling short of expectations, markets drive 30-year mortgage interest rates down, opening refinance and homebuying opportunities. read more

Mortgage rates fall below 6 percent for first time since September

The average 30-year fixed mortgage interest rate dropped to 5.99 percent Thursday, falling below 6 percent for the first time since September, according to a key gauge of home loan borrowing costs. read more

Mortgage rates dip below 7% amid climbing demand

Mortgage rates have finally fallen below 7% for the first time in months and purchase applications are on the rise. Still, the low inventory of homes on the market is keeping home prices elevated, ... read more

Mortgage rates dip, still near 7%

Mortgage rates inched down this week, with the 30-year fixed rate averaging 6.94 percent, compared to 6.95 percent the previous week, according to Bankrate’s latest lender survey. The 30-year fixed ... read more

Nationwide cuts mortgage rates as they dip below 4% for first time since February

Nationwide has reduced one of its five-year mortgage rates to 3.99%, becoming the first major lender to offer a sub-4% deal since February. The five-year mortgage deal is available to new customers ... read more