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Mortgage rates drop below 6% for FHA, VA loans

As of Thursday afternoon, the FHA rate was 5.97% and the VA rate was 5.99%, according to Mortgage News Daily data. read more

Mortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range

The average rate on the 30-year fixed mortgage sank 16 basis points on Friday to 6.29%, according to Mortgage Daily News. read more

Mortgage rates have dropped to their lowest in nearly a year: What does this mean?

With mortgage rates as low as they have been in nearly a year, is now the time to buy a house? The U.S. housing market has been sluggish for years as homeowners locked into mortgage rates below 6% ... read more

Mortgage Rates Are at an 11-Month Low. Will That Save This Housing Market?

Buyers have more purchasing power with lower rates, but home prices near record highs and a weakening job market are significant hurdles. read more

Mortgage Rates Sink to an 11-Month Low—Will Fed Cuts Push Them Even Lower?

On Friday, the national average fell 11 basis points to 6.48%—an 18-point drop across just three days. That marks the lowest level since Oct, 4, 2024, when the flagship average hit 6.43%. The chart ... read more

US 30-year mortgage rate slides to 11-month low, MBA data shows

The interest rate on the most popular U.S. home loan dropped by the most in six months last week after a weak employment report drove benchmark Treasury bond yields down in anticipation of a Federal ... read more

A Michigan credit union offers a 4.99% mortgage to turn heads but what will Fed do next?

A Michigan credit union is offering a mortgage rate sale for a limited time. But what's next for interest rates and the overall mortgage market? read more

Lower mortgage rates spark refinance, VA applications

Mortgage applications continued to rise last week, up 10.9% from one week earlier. That’s according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the ... read more

Mortgage rates fall to lowest level of 2025

Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average ... read more

Mortgage Applications Slip As Rates Edge Up; VA Loans Lead Decline

Mortgage applications dipped 1.4% last week as mortgage rates inched higher, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 15, 2025 ... read more

Mortgage Rates Hit 10-Month Low, Giving Trump More Ammo To Push Fed For Aggressive Cuts

Mortgage rates have fallen to their lowest level in 10 months, a development that provides fresh ammunition to President Donald Trump to intensify calls for more aggressive interest rate cuts from the ... read more