Key Takeaways Mortgage rates have been elevated for the better part of three years, and many are anxious to see them move lower.While a modest drop in mortgage rates will help improve market conditions,

Current mortgage rates are down, but higher than they were seven days ago. Rates are lower than they were in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though Federal Reserve policy doesn’t directly impact today’s mortgage rates, they have been easing since the Fed began cutting rates in late 2024.

July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.

Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.

Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,

As the housing market continues to evolve in the shadow of persistent inflation and shifting buyer behavior, this week’s economic data provides important clues for both policymakers and home shoppers.

Mortgage rates are falling and there are some eye-catching deals out there – some below 4%. But do these deals apply to everyone? And how do you know what mortgages you will be eligible for? Darren Po