Mortgage rates fell sharply this week, offering a rare window of relief for homebuyers and homeowners looking to refinance. The national average 30-year fixed mortgage rate dropped 28 basis points over the last week, landing at 6.59% as of today, according to Zillow. The 15-year fixed rate also declined by 27 basis points, reaching 5.91%.
On an unadjusted basis, the index decreased 4% compared with the previous week. The refinance index decreased 4% from the previous week and was 42% higher than the same week one year ago. The refinance share of mortgage activity remained unchanged at 37.3% of total applications from the previous week. “Refinance activity dipped again, as
How Your Home Mortgage Could Limit Your Career Opportunities getty It is hard to imagine that home ownership would have any negative impact on career opportunities, but that is exactly what is happening. Many workers locked in low mortgage rates when the market was strong. Now those low rates are limiting their ability to pursue
Fast-growing fruit trees for your backyard harvest Here are five fast-growing fruit trees you can plant in your backyard for a quicker harvest. unbranded – Lifestyle Rates for home loans remained high as consumer and investor confidence takes a hit amid the White House’s tariff roll-out. In the week ending April 24, 30-year fixed-rate mortgages
Many first-time buyers do not fully understand how mortgage rates are tiered Choosing a mortgage can feel daunting, especially for first-time buyers unfamiliar with the process or existing homeowners facing the prospect of higher bills if mortgage rates are higher than when they bought their property. Borrowers will be keen to find the cheapest possible
(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
A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025, in Pasadena, Calif. Credit – Mario Tama—Getty Images Last week, after President Donald Trump’s introduction of his “Liberation Day” tariffs, the global and U.S. stock markets took a major hit, as Wall Street slumped and the U.S. dollar
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
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
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