Today's Mortgage Rates | Trump Tariffs Could Keep Rates Elevated
These are today's mortgage and refinance rates. Mortgage rates have been holding steady, and they might not drop as much as expected this year.
2025 Mortgage Rate Forecast: What Another Trump Presidency Means for Rates
Homeownership remains a challenge as average mortgage rates hover north of 7%, home prices refuse to ease and an inventory shortage locks out buyers.Following his inauguration on Jan. 20, President Donald Trump signed an executive order on the cost-of-living crisis to pursue action to "lower the cost of housing and expand housing supply.
Will mortgage rates fall below 6% in 2025? What experts say
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says Steven Parangi, a licensed mortgage loan originator and owner of Alpine Mortgage Services. His view aligns with the Mortgage Bankers Association's prediction that rates will stay between 6% and 7% throughout the year.
Today's Mortgage Rates | Rates Were Forecast To Drop. It's Unclear if They Will.
These are today's mortgage and refinance rates. Mortgage rates may not drop as much, or at all, if inflation doesn't continue to slow this year.
Here’s why mortgage rates likely won’t fall anytime soon
Mortgage rates have risen to over 7%, despite the Federal Reserve cutting interest rates, making the housing market challenging, CNBC reports. Rates for a 30-year fixed mortgage were below 3% in 2021 but have jumped due to rising U.
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do the opposite.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Home sales stall as 7% mortgage rates return
Mortgage rates are back above 7%, and that’s slowing an already sluggish housing market with potential buyers choosing to wait on the sidelines to start the year. Home sales have stalled in January, down 10% in the most recent week compared to a year ago,
Should I Lock My Mortgage Rate Today?
The timing of your rate lock could save or cost you thousands of dollars. If you're in a bidding war or hoping to close ...
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Drop in 30-Year Mortgage Rates Extends to a Third Day
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last ...
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Donald Trump's Day One Action Offers Boost for Mortgage Owners
Trump's "more benign than expected" tariff policy action "so far" could help bring down mortgage rates, Redfin economist Chen ...
How Long Does It Take To Close a Mortgage? Timeline To Close
Closing timelines for mortgages tend to rise and fall on a monthly basis with most mortgages closing in an average of 44 days ...