June 9, 2025

YMYL

Mortgage

30-year fixed falls to 6.99% nationwide

Homebuyers and homeowners eyeing a refinance have reason to monitor closely: mortgage rates are shifting again. As of Monday, June 9, 2025, the national average 30-year fixed mortgage rate dropped to 6.99%, according to Zillow. That’s down from 7.03% just a day earlier. While it matches the average from a week ago, it’s still a

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Mortgage

Mortgage rates dip as inventory grows

As we close out the first week of June 2025, the U.S. housing market continues to send mixed signals. Mortgage rates moved modestly but ended the week slightly lower, while buyer demand remained tepid. Inventory is rising nationwide, reshaping negotiations and hinting at a potentially cooler summer. Mortgage rate snapshot: Where we stand now Mortgage

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Mortgage

30-year average ticks up to 6.94%

The national average 30-year fixed mortgage rate edged up to 6.94% on Friday, June 6, 2025, according to Zillow. This marks a 1 basis point increase from the previous day, though rates have eased slightly over the past week. Homebuyers and refinancers alike continue to monitor shifting mortgage rates, which remain elevated amid persistent inflation

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Loans

Mortgage rates today dip to 6.87% for 30-year fixed loans

Mortgage rates across the U.S. ticked down again today, with the average 30-year fixed rate falling to 6.87% as of June 5, according to Zillow. This marks a 0.14 percentage point drop from the previous week and signals continued volatility as buyers and refinancers watch for more favorable lending conditions. National mortgage rate averages as

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Mortgage

What it means for buyers

Mortgage rates in the U.S. just climbed to their highest level of the year, putting new pressure on prospective homebuyers and reshaping the housing market as summer gets underway. According to Freddie Mac’s latest survey, the average rate on a 30-year fixed mortgage is now 7.12 percent—the highest it’s been since November 2023. This marks

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Crypto

Crypto Isn’t Just for Investing Anymore

For years, cryptocurrency was mainly the domain of investors, tech enthusiasts, and early adopters. You might hear about Bitcoin hitting new highs, Ethereum upgrades, or someone who lost access to their digital wallet full of crypto millions. But here in 2025, things are shifting – fast. Today, crypto is evolving beyond trading apps and hype

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Mortgage

Mortgage rates today fall slightly as 30-year fixed dips to 6.96%

The average 30-year fixed mortgage rate fell to 6.96% on Monday, according to Zillow. This marks a 5-basis-point decline from last week’s average of 7.01%. Current mortgage rates for June 2, 2025 Conforming loans 30-Year Fixed: 6.96% (↓ 0.05%), APR 7.37% 20-Year Fixed: 6.79% (↓ 0.18%), APR 7.03% 15-Year Fixed: 6.01% (↓ 0.05%), APR 6.28%

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Banking

How Technologies are Changing Islamic Banking

Islamic finance is now widely acknowledged as a viable alternative to conventional banking. Founded on precepts derived from Sharia law, Islamic banking prohibits interest (riba), undue uncertainty (gharar), and investment in unethical or harmful activities. These institutions used to rely on conventional methods for decades, but that is rapidly changing. The intersection of financial technology

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Mortgage

30-year fixed falls, ARM and FHA rates shift

Mortgage rates are showing signs of modest relief for homebuyers heading into summer 2025. According to the latest Zillow data, the national average for a 30-year fixed mortgage fell to 6.97% as of Friday, May 30, 2025. That’s down from 6.99% a day earlier, and 7.08% one week ago. This decline could translate to meaningful

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Mortgage

Mortgage rates edge higher again: 30-year hits 7.05%

Average mortgage rates ticked up again Wednesday, adding pressure to an already strained housing market. According to Zillow, the national average for a 30-year fixed-rate mortgage climbed to 7.05%, up from 7.03% the day before. That’s still slightly down from 7.08% last week.The 15-year fixed rate held steady at 6.09%, while the 5-year ARM sits

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