Cotality data from 2025 shows that while serious mortgage delinquencies, defined as homeowners who are 90 days or more past due on a payment, fell steadily for more than three years, the trend reversed in mid-2024. The top three states with the highest year-over-year changes in their serious delinquency rates are Florida, South Carolina and
Mortgage delinquencies are on the rise again, with recent data showing early-stage late payments growing faster than any other debt category in May 2025. As housing costs soar and student loan collections resume, financially strained homeowners are struggling to keep up. FHA and VA loans under pressure Data from Intercontinental Exchange’s July Mortgage Monitor revealed
Mortgage rates are holding steady after a volatile June, with the 30-year fixed mortgage rate now at 6.625%, according to Zillow Home Loans. The market remains in flux, but falling rates in recent weeks have sparked a surge in buyer and refinance activity. Current mortgage rates snapshot Here are today’s national averages for popular mortgage
High home prices and mortgage rates have made it much harder for Americans—especially first-time buyers—to purchase homes. Many current homeowners, especially those with low or no mortgage payments, are staying put rather than selling, further limiting supply and keeping prices high. Now that more Americans own their homes outright and are building wealth, fewer are
Earlier this year, Bilt surveyed its members about what they’d like to see in a new card product. Now, it’s taking those insights to heart with the announcement of three new credit cards developed based on member feedback. And there’s more: Thanks to $250 million in new funding, the company is speeding up its expansion
The stronger-than-expected employment report is the catalyst for ending a five-week streak of declining mortgage rates, Freddie Mac reported. The 30-year fixed rate mortgage averaged 6.72% as of July 10, a gain of 5 basis points compared with the prior week when it averaged 6.67%, the Freddie Mac Primary Mortgage Market Survey reported. But it
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One
Owning a slice of real estate is becoming increasingly far-fetched for many Americans today. Yet emerging support for homebuying and mortgage benefits may make that dream a reality for employees. For Gen Z workers in particular, financial stability is top of mind, and homeownership remains a key milestone. Yet rising housing costs, high interest rates
Tom Espiner BBC business reporter Getty Images Millions of British households are facing an average £107 rise in monthly mortgage payments as their deals expire, according to the Bank of England. It has said that 3.6 million home loans are coming up for renewal over the next three years, equating to 41% of all outstanding
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.77% from 6.79% Applications to refinance a home loan rose 9% for the week and were 56% higher than the same week one year ago. Applications for a mortgage to purchase a home also rose 9% for the week and