Mortgage Rates Inch Down This Week Mortgage rates ticked down slightly this week despite inflation concerns rising after this week’s CPI report.  The average mortgage rate decreased 1 basis point to 6.36% down from 6.37% last week, according to the latest Primary Mortgage Market Survey® (PMMS®), rel

Mortgage Rates Decline for Third Straight Week, but Headwinds Remain Mortgage rates have reached their lowest point since mid-March but economists worry inflation and economic uncertainty caused by tensions in the Middle East will result in temporary decreases versus more sustained stability.  The a

Rates Drop Again but Economists Say Momentum Depends on Ceasefire Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further decreases could depend on weather the ceasefire in the Middle East remains intact.  The average mor

Mortgage Rates Hit Highest Level of 2026 While mortgage rates hit a high for the year so far, reflecting escalating geopolitical tensions in the Middle East, analysts point to average rates still remaining below year-ago levels and offering some improvement to buyers purchasing power.  The average m

Mortgage Rates Drop Below 6% for the First Time in Over 3.5 Years Just in time for the spring buying season, average mortgage rates crossed “into the fives,” this past week, their lowest level in years, and one economists describe as a “psychological barrier and numeric threshold” that could bring m