Mortgage

Housing market has had little movement thanks to elevated mortgage rates and high home prices coupled with economic and political uncertainty, Redfin economists said.

Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022.

Mortgage rates fell again this week with the benchmark 30-year note marching closer to 6%, but the market remains stalled as potential buyers and sellers wait for steeper declines.

Potential homebuyers and sellers have been holding off on making a move amid elevated mortgage rates and sky-high prices. But will the Federal Reserve's rate cut make a difference?

Mortgage rates fell this week to their lowest level since February 2023, but not far enough to spur on the housing market amid high home prices and still-elevated rates.

The average rate for a 30-year fixed mortgage remained unchanged at 6.35% this week, failing to spur on purchase demand as many would-be buyers hold out.

The average rates for both 30- and 15-year fixed mortgages continued to decline this week but still remain too elevated to spark significant movement in the housing market.

Mortage rates declined slightly this week but the average rate on a 30-year fixed mortgage remains around the mid-6% range, as many would-be buyers hold out for a further drop.

Refinance applications soared 35% last week in response to a sharp drop in mortgage rates, which are at their lowest levels in more than a year, but experts say the surge may not last.

Freddie Mac's latest mortgage market survey shows that the average rates for both 30- and 15-year fixed mortgages eged up a bit this week, but only slightly.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

The stock market was all over the place this week, with a large drop on Monday due to a weak jobs report.

Mortgage rates dropped this week to the lowest level in more than a year, with the average rates on both 30- and 15-year fixed mortgages falling sharply.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.