Mortgage Rates News

Mortgage Rate Trends This Week: January 16, 2025

The average 30-year fixed mortgage rates increase, averaging 7.04%

Mortgage Application Trends This Week

Demand for refis is falling as homeowners ignore the warnings about rising rates.

The Fed Will Keep Interest Rates Low, Benefitting Borrowers

Chairman Powell and his fellow Fed policymakers are keeping a key rate near zero.