Locking in one of today's lower mortgage rates may make sense, experts say, but there are some items to know first.

The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

The December Federal Reserve meeting may lead to lower mortgage rates, but it's not directly caused by the 25 basis point rate cut.

The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.

The Fed's interest rate cut will have a gradual impact on mortgages and credit card rate relief could be slow.

The latest cut brings the target federal funds rate to a range between 3.5 percent and 3.75 percent, the lowest level in three years. This rate affects many consumer lending and savings rates throughout the country, either directly or indirectly, including mortgage rates.

There's good and bad news for home shoppers hoping for lower mortgage rates in 2026 — they're likely to fall more in the new year but shouldn't drop much below 6.0%, if they reach that. But the decrease may help you afford a home .

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year.