Mortgage rates jumped significantly on May 15, 2025, with the average 30-year fixed-rate mortgage now sitting at 6.90%. That’s a 1.47% increase from last week, according to data from the Mortgage Research Center. This rate hike marks one of the largest week-over-week increases in 2025 and could impact affordability for buyers and homeowners considering refinancing.
Mortgage rates are edging upward again, adding pressure for homebuyers navigating a difficult spring market. Economic uncertainty, inflation concerns, and trade tensions are keeping rates volatile—and today’s numbers reflect that. According to the latest data: 30-year fixed-rate mortgage: 6.83% (up 0.01% from last week) 15-year fixed-rate mortgage: 6.02% (down 0.01% from last week) 5/1 adjustable-rate
Refinance rates moved higher again as of May 6, 2025, according to the latest data from the Mortgage Research Center. The 30-year fixed refinance rate rose to 6.92%, while the 15-year fixed rate dropped slightly to 5.76%. 30-year fixed refinance rates move up The average 30-year fixed-rate refinance hit 6.92%, up from 6.10% a week
00:00 Brad Mortgage rates for the week ending March 27th are out. Yahoo Finance’s Claire Boston joins me now with the numbers. Hey Claire. 00:07 Claire Boston Hi Brad. So this week, the 30-year mortgage rate is at 6.65%, that is basically flat from 6.67% last week. And 15-year mortgage rates, they rose slightly to
The Trump administration has made some changes to two pillars of the American housing market: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Or, as they’re better known, Fannie Mae and Freddie Mac. Last week the administration fired 14 members of the boards of directors at the two corporations. Fannie and
Mortgage rates have fallen in seven of the last eight weeks. The downward-trending graph for interest on new home loans has got to be at least a little encouraging for buyers and sellers heading into spring. This week, the average 30-year fixed-rate mortgage did edge up marginally to 6.65%, according to Freddie Mac. Still, that’s