Mortgage Rates Today: January 7, 2025—Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 7.30% with an APR of 7.32%, according to Curinos. The 15-year fixed mortgage has an average rate of 6.53% with an APR of 6.56%. On a 30-year jumbo mortgage,
How to Get a Mortgage Rate Under 5% as Costs Surge
The average rate for a 30-year mortgage hit a six-month high last week, but homebuyers still have options for securing a lower rate.
Mortgage Refinance Rates on the Rise, Again Nearing a 5-Month High
Rates on 30-year mortgage refinance loans edged up another 3 basis points Monday, pushing the average up to 7.15%. That's just 4 basis points under the 7.19% reading notched on Dec. 24, which was the most expensive level for 30-year refi rates since late July.
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.
The ‘Hidden Force’ That Can Bring Mortgage Rates Down
Mortgage rates have been moving against home buyers in recent weeks. But there is a sliver of hope on the horizon. Freddie Mac’s benchmark national average 30-year, fixed-rate mortgage is nearing 7% once again,
Mortgage rates are still rising — here’s what it means for 2025
Mortgage rates have steadily increased over the past three months, a frustrating development for home buyers trying to enter the housing market. When the Fed began cutting interest rates in September 2024,
Here’s where mortgage rates could be headed in 2025
By the end of 2025, Chief Financial Analyst Greg McBride also predicts that the average 30-year fixed-rate mortgage will fall 0.5% from its year-end 2024 level. Egg prices are soa
30-Year Mortgage Rates Inch Higher Again
Rates on new 30-year loans have been wavering below a recent 6-month high—but are now creeping back up to approach it again. Several other loan types also edged higher.
Why mortgage rates are going up while the Fed is cutting rates
Since the Fed's first cut in September, the average 30-year fixed mortgage rate has gone up nearly a full percentage point.
Current HELOC & Home Equity Loan Rates: January 7, 2025—Rates Are Mixed
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
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Mortgage applications fall, rates stagnant to open 2025
The mortgage market rang in the new year with a thud. Activist John Hope Bryant has suggested the 40-year mortgage as a ...
Taking over a loved one’s mortgage after a life change can be challenging. Here’s why
When a family member dies, loved ones can become unexpected homeowners. If the inherited house was owned free and clear, with ...
Mortgage Rates Holding Below Notable Threshold
Rates on 15-year mortgages dipped 2 basis points Tuesday for a new average of 6.18%. Like its 30-year sibling, the 15-year average fell to a two-year low in September, plunging under the 5% mark to ...
What To Expect in Mortgage Rates and Savings Accounts in 2025
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...
Should you refinance your home equity loan in 2025?
For some home equity loan borrowers, now may be the time to pursue a refinance. Here are three signs to look for.
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Mortgage Machine Services Fully Integrates AI-Powered Pricing Engine into Proprietary LOS
ADDISON, Texas, Jan. 8, 2025 (SEND2PRESS NEWSWIRE) — (Mortgage Machine), an industry leader in digital origination ...
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FHA Loan Calculator
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
Mortgage rates hit highest level since July, crushing application demand
Mortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop ...