What's the mortgage interest rate forecast for December 2024?
W ould-be home buyers have faced unprecedented challenges in the housing market in the post-pandemic era as surging home prices combined with high mortgage rates made homeownershi
Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%
Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall to 6.13%.
Mortgage Rates Today, Nov. 20: Median Rate Drops to 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Will mortgage rates fall in December? Here's what experts predict
"While we may see mortgage rates drop modestly in December, anyone expecting a significant change for the better may be disappointed," says Darren Tooley, senior loan officer at Cornerstone Financial Services. Change likely isn't on the horizon for a few reasons, according to Tooley.
MBA revises 2025 mortgage rates forecast, and it’s not good
MBA now expects mortgage rates to end 2025 at 6.4%, a 50 bps jump from its forecast in October. Forecasted origination volume dropped $200B.
Today's Mortgage Rates | Will Rates Go Down in December?
These are today's mortgage and refinance rates. Mortgage rates increased in recent months, and where they go next depends on the economy.
Will mortgage rates go down in 2025? This is the key factor to watch
When it comes to mortgage rates, the labor market may have the biggest influence. Here’s why. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.
30-Year Mortgage Rates Sink to 5-Week Low
Rates for 30-year new purchase mortgages fell Friday, lowering the flagship average to it cheapest level since mid-October. Rates on other loan types showed mixed movement.
Today's Mortgage Rates | Rates Ease. But Will They Drop Further This Month?
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but where they go next depends on ...
Trump may renew a housing fight that could rattle mortgage rates
During his second term, President-elect Donald Trump may try to fulfill the longstanding Republican goal of privatizing ...
'Pent-Up': Mortgage Demand Jumps 52% Year-Over-Year Amid Fed Rate Cuts
Homebuyers are storming back into the market, driving purchase mortgage applications up 52% from last year as interest rates ...
Mortgage Rates Near 7% Are Here To Stay? How Trump's Tariffs Could Hit Homebuyers Hard
The market has already shown strain, with Redfin reporting increased time-on-market for homes. Properties now sit for a ...
This Underrated Hack Could Save You More Than $20,000 in Mortgage Interest
Your guide to the best in personal financial products such as credit cards, mortgages, bank accounts, and brokerages.
Mortgage Assumption vs. Refinance After Divorce: What You Should Know
Consider these options if you’re trying to determine how to remove one spouse from the mortgage after a divorce.
How Trump's economic agenda could affect mortgage rates in 2025
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.
Today's Mortgage Rates | All the Forces Keeping Mortgage Rates High Right Now
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, and they may only drop a little ...