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
Bank of America predicts the Federal Reserve will delay lowering interest rates until the second half of 2027, mainly due to strong inflation and resilient job growth. Bank of America Global Research had previously penciled in two rate cuts this year in September and October. That view was partly based on the expectation that Kevin Warsh, … 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
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
The idea of debt consolidation sounds straightforward, but the actual cost can vary more than you might expect. Muhammad Aqib/Getty Images There’s no question that today’s economic landscape is making it tough for borrowers to keep up with, much less get ahead of, their debt. Not only are credit card balances climbing, but credit card … 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
Mortgage rates don’t move only when the Fed acts, and numerous forces could still shift significantly in May. Shutjane/Getty Images Mortgage rates have spent much of this year on an unpredictable course. After brushing near 5.75% in early March, rates surged past 6.3% by month’s end, driven largely by the escalating conflict in the Middle … Read more
There are still multiple, high-interest rate savings accounts to consider this May. PHIL LEO/PM Images/Getty Images News last week that the Federal Reserve was keeping interest rates paused – its third such freeze this year – may not have been the development borrowers were hoping for, but it will help to maintain the status quo … Read more