Homebuyers and those looking to refinance received more welcome news Wednesday as mortgage rates continued their downward trend. The national average for a 30-year fixed mortgage, the most popular home loan in the U.S., fell to 6.93%, offering a potential window of opportunity for borrowers to lock in lower monthly payments. This latest dip, reported
Homebuyers and those looking to refinance are met with a mixed bag of interest rate changes today. The national average for a 30-year fixed mortgage, a popular benchmark for the housing market, saw a slight dip, offering a small reprieve for borrowers. However, other popular loan terms experienced upward movement, highlighting the fluctuating nature of
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
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
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
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
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
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
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%
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