These are today's mortgage and refinance rates. Mortgage rates rose this week as investors weighed the GOP tax bill, a credit downgrade, and tariffs.

Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.

Last month, the average mortgage rate for a 7/1 ARM was 6.63% ... which may keep rates elevated in the near term. New tariffs are also expected to push inflation higher, complicating the Fed's ...

Our Nerdy take on mortgage rate trends May 21, 2025: Mortgage rates keep hanging around near the 7% level, and that's too high for a lot of would-be buyers who are waiting for rate relief.

In September, 30-year rates saw a historic plunge —sinking to a two-year low of 5.89%. The current average is now over a percentage point more expensive. Still, today's rates are 1.05 percentage ...

After hitting a peak of 7.04% in January 2025 ... “[M]any economists expect mortgage rates will stay near their current levels for some time, possibly for most of 2025,” Cook says.

Even with construction companies offering cheap mortgages, youngish people are finding it difficult to enter the market.

If you're in the market to buy a house, don't expect mortgage rates to drop anytime soon. "In the near term, rates are going to be stuck near 7%," said Jonathan Miller, CEO of Miller Samuel Real ...

The National Association of Realtors says existing home sales fell half-a-percent last month. That’s the slowest April pace since 2009, according to the new data. Home sales were 100,000 below ...

The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.17%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners ...