As of today mortgage rates remain relatively steady, with slight variation across loan types. Meanwhile, President Donald Trump is considering a new housing-related tax cut that could impact sellers if it moves forward. Current mortgage rates (July 23, 2025) According to Zillow Home Loans, here’s where today’s mortgage rates stand: 30-Year Fixed: 6.625% (APR: 6.771%)
Home sales could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, according to new projections from the Realtor.com® economic research team. The Realtor.com Housing Forecast Midyear Update released on Wednesday provides revised projections for trends in mortgage rates, home sales, and home prices in 2025, updating the
NEW YORK, July 22, 2025–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter ended June 30, 2025, after market close on August 5, 2025. The Company will host a conference call to review the financial results on August 6,
The price of homeownership remains out of reach for many Americans as home prices remain high and mortgage rates continue to hover close to 7%. The total number of unsold homes, including those under contract, was up 20% compared with the same time last year, according to the Realtor.com® June 2025 Monthly Housing Market Trends report. According
As spring buying season ramps up in Wichita, mortgage banker Randy Pitts helps first-time homebuyers prepare for competitive conditions. WICHITA, KS / ACCESS Newswire / July 22, 2025 / The spring real estate market is officially underway, and for many first-time homebuyers in Wichita, KS, it’s both exciting and intimidating. To help these new buyers
Key Takeaways 30-year mortgage rates had been falling for five weeks after a mid-May surge—but they’ve now inched up for three consecutive weeks. That’s pushed estimated monthly payments slightly higher, making mortgages a bit more expensive for today’s homebuyers. But rates remain lower than their May peak, and more meaningful relief seems unlikely in the
California’s state-run mortgage relief program, announced in January by Gov. Gavin Newsom, had more than 400 financial institutions voluntarily sign up, agreeing they would not charge late fees, would not report late payments to credit agencies and would not demand “balloon payments,” which require borrowers to pay back their entire balance right at the end
Mortgage rates remained mostly steady on Monday, with the average 30-year fixed rate holding at 6.625%, according to Zillow. The 15-year fixed rate sits at 5.75%, continuing to offer a lower interest option for buyers who can manage higher monthly payments. This rate stability comes at a pivotal moment, as investors and analysts prepare for
Lender insights Dan Jones, MMI’s chief technology officer, said during an exclusive demo of the product with HousingWire that MMI users can ask questions like, “Which lenders gained the most purchase volume in California last quarter?” They can even get answers about their own production, such as, “What is my retention by month for the
Mortgage spreads In 2023, when mortgage rates reached 8%, the year was hampered by mortgage spreads hitting new cycle highs. Initially, mortgage spreads showed signs of improvement early in the year. However, the Silicon Valley banking crisis caused a spike in spreads and the situation remained challenging throughout the year. In 2024, the spreads began