THE average two-year fixed mortgage rate has dropped below the average five-year fixed rate for the first time since Liz Truss’ mini-Budget. The average two-year fixed rate for those with a 40% deposit is now 4.18%, while the average five-year fixed mortgage rate for those with a 40% deposit is 4.19%, according to data firm
Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.96% +0.01 FHA 30-Year Fixed 7.37% No Change VA 30-Year Fixed 6.66% +0.02 20-Year Fixed 6.87% +0.04 15-Year Fixed 6.11% +0.04 FHA 15-Year Fixed 6.82% No Change 10-Year Fixed 5.97% -0.45 7/6 ARM 7.34% No Change 5/6 ARM 7.23% +0.01 Jumbo 30-Year Fixed 7.01% No Change
New York Attorney General Letitia James has forcefully rejected allegations of mortgage fraud leveled against her by a Trump administration official, calling them “a revenge tour” with no merit. In an exclusive interview with NY1, James maintained her resolve and commitment to the rule of law. “I will not be silenced, I will not be
As mortgage rates rise, more borrowers are looking for ways to keep their homebuying costs down. Could an adjustable-rate mortgage be the way to do that? On Wednesday, the Mortgage Bankers Association reported that for the week ending April 11, 2025, the share of borrowers applying for ARMs rose to its highest level since November
Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.95% +0.01 FHA 30-Year Fixed 7.37% +0.33 VA 30-Year Fixed 6.64% +0.04 20-Year Fixed 6.83% No Change 15-Year Fixed 6.07% +0.03 FHA 15-Year Fixed 6.82% +0.50 10-Year Fixed 6.42% No Change 7/6 ARM 7.34% No Change 5/6 ARM 7.22% +0.04 Jumbo 30-Year Fixed 7.01% +0.03 Jumbo
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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