Our Mortgage Rates

As the new year kicks off, the 30-year fixed-rate mortgage is holding steady at just under 7 percent. The robust economy has driven mortgage rates upward, and when combined with high home prices, housing affordability [...]

With rates approaching seven percent, mortgage rates have reached their highest level in nearly six months. Although rates are higher than this time last year and affordability remains a challenge, there is a positive trend [...]

Mortgage rates rose for the second consecutive week, recovering after a drop earlier this month. Although there has been a modest uptick in both new and existing home sales, the market continues to struggle with [...]

This week, mortgage rates edged up to levels similar to those seen this time in 2023. Despite the Federal Reserve cutting interest rates by 0.25%, mortgage rates have actually increased. This unexpected rise is due [...]

Freddie Mac reports that the 30-year fixed-rate mortgage has fallen for the third straight week. This downward trend, alongside robust consumer income growth and a bullish stock market, has spurred increased homebuyer interest in recent [...]

In a survey by Freddie Mac, mortgage rates dip to their lowest level in over a month. Even with a slight decrease, the reaction from consumers has been significant, with a noticeable boost in purchase [...]

Freddie Mac reports that mortgage rates have inched up again this week, nearing 7 percent. As we move into the holiday season, demand for home purchases remains sluggish. Despite a slight increase in the number [...]

With election results in and a Fed rate cut announced, mortgage rates have stalled at 6.78%. Opportunity still knocks for homebuyers, though. Housing is becoming more costly, so buying in the market now can save [...]

Mortgage rates continued to climb this week, reaching 6.79 percent. Purchase demand is highly sensitive to rate changes in the current market. As soon as rates began to rise in early October, purchase applications declined, [...]