Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.75% -0.03 FHA 30-Year Fixed 7.04% -0.22 VA 30-Year Fixed 6.24% -0.03 20-Year Fixed 6.37% -0.11 15-Year Fixed 5.84% -0.04 FHA 15-Year Fixed 6.32% -0.28 10-Year Fixed 5.73% -0.20 7/6 ARM 7.09% -0.15 5/6 ARM 7.16% -0.04 Jumbo 30-Year Fixed 6.73% No Change Jumbo 15-Year Fixed
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and your closing. If you want to avoid uncertainty and preserve the rate in your
The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season. The rate fell to 6.64% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the
President Donald Trump’s recent tariffs on imported goods are poised to influence the U.S. housing market in several key ways: Rising Construction Costs: Tariffs on materials like lumber and steel are increasing building expenses, potentially leading to higher home prices. Fluctuating Mortgage Rates: Economic uncertainties from the tariffs have caused mortgage rates to dip recently,
Finding a home isn’t getting any easier as the decade moves on, especially for first-time homebuyers. Nationally, median home prices over the past five years have increased by nearly 50%, 30-year mortgage rates have nearly doubled, and the number of homes available for purchase have fallen by a third. Not a happy confluence of trends
As a homeowner, there are lots of ways to access your home equity. You can take out a home equity loan or HELOC, apply for a cash-out refinance, or — if you’re a senior — get a reverse mortgage. Reverse mortgages are a unique option because they require no monthly payments. Instead, you receive payments
Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.78% No Change FHA 30-Year Fixed 7.26% No Change VA 30-Year Fixed 6.27% No Change 20-Year Fixed 6.48% -0.01 15-Year Fixed 5.88% +0.02 FHA 15-Year Fixed 6.60% No Change 10-Year Fixed 5.93% No Change 7/6 ARM 7.24% -0.08 5/6 ARM 7.20% -0.05 Jumbo 30-Year Fixed 6.73%
CHICAGO (WLS) — A South Side woman is pleading for help after she said squatters moved into her home, refusing to leave. The ABC7 I-Team has been covering alleged squatting cases for weeks. The new case is being described by the homeowner as “next-level squatting.” She and her husband said a person inside is posing
Since we believe in the close relationship between the 10-year yield and mortgage rates, we expect mortgage rates to decrease tomorrow if bond yields continue to decline. Here’s what the bond yields looked like on Wednesday afternoon: My bottom range forecast for the 10-year yield in 2025 is 3.80%. At 4.11%, it marks the lowest
Declaring it a “Liberation Day” for American workers, President Donald Trump on Wednesday announced sweeping new tariffs that could impact home prices and mortgage rates. “Our country and its taxpayers have been ripped off for more than 50 years, but it is not going to happen anymore,” Trump said in remarks at the White House’s