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Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.94% -0.02 FHA 30-Year Fixed 7.04% No Change VA 30-Year Fixed 6.60% -0.05 20-Year Fixed 6.83% -0.05 15-Year Fixed 6.04% -0.04 FHA 15-Year Fixed 6.32% No Change 10-Year Fixed 6.42% No Change 7/6 ARM 7.34% No Change 5/6 ARM 7.18% +0.07 Jumbo 30-Year Fixed 6.98% -0.05
Osaic chief market strategist Phil Blancato discusses the Fed’s interest rate plans and the impact of tariffs on inflation on ‘Making Money.’ Mortgage rates spiked this week, mortgage buyer Freddie Mac said Thursday, as President Donald Trump‘s tariffs led to instability in the bond market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed
Credifin, a non-banking financial company, has raised USD 24.9 million (Rs 213.6 crore) through a mix of equity and debt to fuel its growth in MSME mortgage loans and E-vehicle financing. New Delhi, Apr 17 (PTI) Credifin, a non-banking financial company, on Thursday said it has raised USD 24.9 million (Rs 213.6 crore) capital through
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates remain trapped in a narrow mid-6% band. The average 30-year fixed mortgage rate
WASHINGTON — New York Attorney General Letitia James — who infamously declared that “no one is above the law” when she was targeting Donald Trump — was hit with a federal criminal referral for instances of alleged mortgage fraud on Tuesday, according to a letter obtained by The Post. Federal Housing Finance Agency (FHFA) Director William
Bank of America chair and CEO Brian Moynihan said in a statement that the bank’s clients “have been performing well, consumers have shown resilience, continuing to spend and maintaining healthy credit quality.” But he added that “[we] potentially face a changing economy in the future.” Speaking to analysts, Moynihan also said that “there’s a lot
Key Takeaways After President Trump’s April 2 tariff announcement, a resulting fall in stock prices triggered an expected rise in bond prices. That in turn lowered mortgage rates. But after three days, bond yields abruptly reversed course, defying standard market logic. The result for home buyers was brutal: 30-year mortgage rates surged a dramatic 44
(InvestigateTV) — The National Association of Realtors (NAR) predicted 24% of home shoppers in 2025 will be first-time buyers. Cherry Dale, the vice president of financial education at Virginia Credit Union, urged new buyers to learn as much as they can about the home-buying process before they start shopping. Dale recommended beginning your research six
Kevin Peachey Cost of living correspondent Getty Images More low-deposit mortgages are available to choose from than at any time since the financial crisis of 2008, according to new figures. The number of deals that need a deposit of 5% or 10% have risen to their highest level since then, data from financial information service