For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...

Zillow economist Orphe Divounguy says that solving affordability requires taking economic pressure off builders to boost new ...

Mortgage rates remain above 7%, but they are moving lower even after the Federal Reserve paused its rate-cutting cycle last ...

Rates on 30-year mortgages ticked up a minimal 1 basis point for a second consecutive day Monday, after a large drop last week. The flagship average now sits at 6.85%, just barely above the cheapest ...

Entering 2020, the 30-year fixed-rate mortgage was already below 4 percent. Then the onset of the COVID-19 pandemic brought ...

In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

Mortgage brokers have faced a series of notable challenges in recent years. The combination of high inflation and an elevated ...

These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Forecasts for 2025 show average 30-year ... Just before Trump left office in early 2021, mortgage rates bottomed out just below 3%. Mohtashami said that if economic data gets weaker and the ...

As a result, the Fed recently reduced its forecast for ... economy during 2020 and 2021 to prevent a deep recession (or worse). The Fed also slashed the federal funds rate to a historic low ...

Borrowers who read interest rate predictions this ... The average two-year fixed mortgage rate is 5.52pc according to Moneyfacts; it was 2.34pc in December 2021. The top one-year fixed savings ...