As of Friday, mortgage rates remain steady, with 30-year fixed loans averaging 6.625% and 15-year fixed loans at 5.75%, according to Zillow Home Loans. With affordability concerns rising and homebuilder sentiment still low, today’s mortgage rates reflect ongoing pressure from elevated interest rates and economic uncertainty. Despite marginal rate fluctuations, consumers continue to face challenges
Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET Every time the average 30-year fixed mortgage rate dips, even by a few tenths of a percentage point, prospective homebuyers jump to take advantage. As soon as rates move up again, mortgage activity goes down. The past
Mortgage rates remain elevated as of July 17, 2025, with the 30-year fixed mortgage holding at 6.625%, according to data from Zillow. As homebuyers weigh the cost of financing, today’s rates continue to reflect broader economic uncertainty and Federal Reserve caution. Current average mortgage rates Here’s a snapshot of today’s mortgage rates across common loan
For the vast majority of homeowners, there’s currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering between 6.5% and 7% due to ongoing economic uncertainty. “If rates fall below 6%, we could see a big jump in refinance activity,” said Jeb Smith, licensed real
Senate lawmakers finalized plans Wednesday for a new home loan safety net program designed to prevent veterans from facing foreclosure, replacing a similar but controversial effort canceled by Veterans Affairs officials earlier this year. The bill, known as the VA Home Loan Program Reform Act, had previously passed the House and now awaits President Donald
Sen. Adam Schiff (D-CA) on Tuesday denied accusations from President Donald Trump that he engaged in “possible mortgage fraud,” calling the allegations an attempt at “political retribution.” Trump and Schiff have been at odds for years, with the Democratic senator having led a House impeachment of the president during his first term and establishing himself
As of Wednesday U.S. mortgage rates are holding steady, but rising costs are putting pressure on home loan demand. Here’s the latest on where rates stand — and what it means if you’re buying or refinancing. Today’s mortgage rates snapshot According to Zillow Home Loans, here are the current rates by loan type: 30-year fixed:
FIRST-TIME buyers are to get a “leg up” onto the housing ladder under plans announced by the Chancellor. Rachel Reeves has set out sweeping changes for those looking to buy a house. 1 Chancellor Rachel Reeves is expected to announce changes for home buyers todayCredit: AFP This includes a new permanent mortgage guarantee scheme, which
Rachel Reeves is sweeping aside rules put in place to protect homeowners in the wake of the financial crisis in a move that experts warn could sow the seeds for a future catastrophe. The move by the Chancellor is designed to help first-time buyers get on the property ladder and families to upsize. But fears
Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.87% +0.01 FHA 30-Year Fixed 7.55% No Change VA 30-Year Fixed 6.58% +0.03 20-Year Fixed 6.73% +0.07 15-Year Fixed 5.90% +0.02 FHA 15-Year Fixed 6.76% No Change 10-Year Fixed 5.92% +0.39 7/6 ARM 7.40% -0.02 5/6 ARM 7.47% -0.01 Jumbo 30-Year Fixed 6.79% -0.07 Jumbo 15-Year