Surging mortgage rates are threatening to wash out the spring homebuying season. The rate on a conventional 30-year home loan rose to 6.46%, its highest level since September 2025, Freddie Mac said Thursday. Borrowing costs have jumped sharply in recent weeks after having dipped below 6% in late February. The Iran war is exerting further upward … Read more
NEWYou can now listen to Fox News articles! The Iran war is making it more expensive for Americans to own a home. Mortgage rates have climbed to their highest level in more than six months, according to Freddie Mac. The average rate on a 30-year fixed mortgage rose to 6.38% for the week ending March … Read more
Mortgage interest rates are starting April in a much different place than they were at this point in March. Getty Images/iStockphoto A new month offers a fresh start for borrowers and it will be particularly welcome for those looking for a mortgage loan or an opportunity to refinance their current home. Mortgage interest rates in … Read more
Today’s mortgage interest rates look different for buyers and owners hoping to refinance compared to February. Kirpal Kooner/Getty Images Borrowers who entered March hopeful that mortgage interest rates would continue to decline unimpeded encountered a discouraging climate. Unemployment rose, inflation progress stalled and the Federal Reserve kept interest rates on hold (again). Combined with uncertainty … Read more
Mortgage rate shifts can happen quickly, and there’s a chance that rates could dip back down in April. spawns/Getty Images After touching below 6% in February, mortgage rates have been climbing back up for the better part of March, driven by a confluence of economic and geopolitical pressures. In turn, the average 30-year mortgage rate … Read more
Mortgage rates for buyers and owners hoping to refinance have changed considerably this March. carlofranco/Getty Images Monitoring the mortgage interest rate environment each day for affordable opportunities is critical for buyers and owners hoping to refinance. Unfortunately, what many borrowers have been discovering in recent weeks is that rates are considerably higher than they were compared … Read more
NEWYou can now listen to Fox News articles! The Trump administration’s Department of Housing and Urban Development (HUD) announced Tuesday that it launched an investigation into a Washington state housing program the agency accused of potentially providing subsidized mortgage assistance to people based on race. The Washington State Housing Finance Commission was alerted this week … Read more
The mortgage interest rate climate is changing rapidly for borrowers this month. DreamPictures/Getty Images Did you know that borrowers may be able to secure a mortgage interest rate that’s up to a full percentage point lower than average simply by shopping around for lenders? That’s an important tip to remember in any mortgage interest rate … Read more
By understanding why mortgage rates have increased, borrowers can better determine their next steps. boonstudio/Getty Images Mortgage interest rates have been on quite a ride since hovering near record lows in March 2020, during the height of the pandemic. Since then, however, they’ve changed significantly, rising to their highest level since 2000 in the summer … Read more
Homebuyers will need to calculate their monthly costs with precision before applying, especially now, with mortgage rates changing again. Muhammad Aqib/Getty Images News this month that the Federal Reserve would continue keeping interest rate cuts paused wasn’t surprising, but it was certainly unwelcome for millions of borrowers, homebuyers and owners looking to refinance, especially. Mortgage … Read more