Mortgage rates saw their first drop in six weeks — and this is the No. 1 mortgage provider in January 2025
We analyzed mortgage reviews on 10 major financial sites to find out which providers landed on the most “best mortgage” lists
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained unchanged at 7.02%.
How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The central bank's three interest rate cuts didn't help mortgage rates get cheaper for homebuyers.
Today's Mortgage Rates | Rates Tick Down as Fed Eyes Elevated Inflation
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
Weekly Mortgage Rates Relatively Stable, Fed Pauses Rate Cuts
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage of back-and-forth over executive
Mortgage Rates Today: January 31, 2025 – Rates Remain Fairly Steady
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, ...
How to apply for a mortgage
CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...
Pending home sales drop sharply in December as mortgage rates surge back over 7%
Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.
Today’s Mortgage Refinance Rates: January 31, 2025 – Rates Decrease
The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
You Can Earn Points for Paying Your Mortgage With the New Mesa Credit Card
Renters can use the Bilt World Elite Mastercard to earn points on their rent payments, though the transaction goes directly ...
Bank of America mortgage review 2025
CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.
WNBA star Angel Reese surprises her mother by paying off her mortgage as a birthday present
You can forgive Angel Reese’s mother for nearly dropping her birthday cake when she heard the news that her daughter had paid ...