A consistently rising inflation rate will likely have multiple impacts on the mortgage interest rate climate. sakchai vongsasiripat/Getty Images Millions of Americans hoping for a decline in inflation received unwelcome news on Wednesday when the Bureau of Labor Statistics reported another surge in the rate in April. Now at 3.8%, the inflation rate ticked up … Read more
Homebuyers and owners looking to refinance should start by familiarizing themselves with the current mortgage interest rate climate. Wesley Hitt/Getty Images A rise in the latest inflation report, released on Tuesday, was not the news millions of borrowers were hoping for, particularly homebuyers and owners looking to refinance their loans. Higher inflation is likely to … Read more
Borrowers looking to buy a home or refinance an existing one should start by reviewing today’s mortgage interest rates. Getty Images/iStockphoto Mortgage interest rates are constantly evolving, even when there’s no Federal Reserve meeting scheduled for the month to impact their movement. That’s the reality that borrowers are facing this May, as other drivers will … Read more
Homebuyers are contending with noticeably higher mortgage rates than those available earlier in 2026. Amana Images Inc Sometimes, a lull in the mortgage interest rate climate can be a good thing for borrowers. With rates here known to change daily, stability when shopping around for rates and lenders can help borrowers neatly establish a baseline … Read more
A mortgage interest rate lock could have multiple advantages for borrowers now. Olga Yastremska/Getty Images When it comes to finding a low mortgage interest rate, timing plays a critical role. Unfortunately, as many borrowers have seen in recent months, the timing lately hasn’t been very beneficial. Thanks to a combination of overseas conflicts, pronounced market … Read more
A reverse mortgage has multiple timely advantages for seniors this month. Getty Images/iStockphoto News in late April that the Federal Reserve was keeping interest rates on hold once again, and not proceeding with a rate cut that would benefit millions, wasn’t unexpected. But it was still a disappointing development for many, especially seniors and older … Read more
Today’s mortgage interest rates look different compared to what they were in recent years. Kirpal Kooner/Getty Images With the Federal Reserve choosing to keep interest rates on hold last week, its third such freeze in 2026, borrowers may understandably think that their window of opportunity to lock in a low interest rate may have closed. … Read more
Homebuyers and owners looking to refinance should start by reviewing their mortgage rate options. Getty Images/iStockphoto While mortgage interest rates this month may not start in the position many borrowers would prefer, they’re still better than what they were in May 2025. And better than they were in May 2024, too. The average rate on … Read more
Making a larger down payment could be a smart strategy to employ, but it also has some downsides to consider. Kmatta/Getty Images While it’s relatively common for mortgage rates to change, at least marginally, on a regular basis, overall, mortgage rates have been hovering in the mid- to low-6% range for several months now. And, while borrowers … Read more
Mortgage interest rates have changed noticeably in recent weeks, affecting both buyers and owners looking to refinance. GeorgePeters/Getty Images Hunting for low mortgage interest rates is an integral part of the homebuying and refinancing processes. But in recent years and recent weeks, in particular, it’s often been a frustrating one. After mortgage rates briefly dipped … Read more