Mortgage Rates

Mortgage demand plummets as rates surpass 6.5%

Application activity fell another 10.5% in the week ended Friday, according to a Mortgage Bankers Association index.

Mortgage rates jump to 6.22%, hitting highest average in months

The uptick follows stronger inflation readings and a Federal Reserve meeting that ended with no rate change.

Mortgage demand sinks nearly 11% as rates hit monthslong highs

Geopolitical tensions are stoking inflation fears, sending borrowers back to the sidelines.

Mortgage rates climb to 6.11% as inflation fears persist

Homes.com Chief Economist Brad Case says rising oil and gas prices tied to geopolitical tensions may keep costs elevated.

Mortgage applications climb as buyers capitalize on rate dip

Weekly applications to purchase homes were up 9.3% as of March 6, according to the Mortgage Bankers Association.

Mortgage rate averages hold steady, but daily measures tell different story

The 30-year, fixed-rate loan averaged 6% as of Thursday, according to Freddie Mac.

Refinance demand jumps after mortgage rates slip below 6%

Borrowing costs fell to yearslong lows last week but have since risen on inflation fears.

Mortgage rate averages break 6% for first time in more than three years

The 30-year, fixed-rate averaged 5.98%, according to Freddie Mac.

Falling mortgage rates don't stop borrowers from choosing ARMs

The 30-year, fixed-rate was at 5.99% on Monday and Tuesday, according to Mortgage News Daily.