Mortgage Rates Drop Again, Hitting Lowest Level Since September 2022 As inventory challenges persist in some markets and have improved in others, economists generally point to a Spring market with increased buyers, provided average mortgage rates remain at their recent years-long lows. The latest Pr

Report: Rate Decline in January Opened Refinance Opportunity for Nearly 5 Million Homeowners Early January declines in mortgage rates unlocked refinance opportunities for nearly five million borrowers and helped push affordability to a four-year high, according to the February Mortgage Monitor relea

Mortgage Rates Continue to Hold Steady Around 6% Housing market watchers say improving home affordability and inventory levels are short-term positives for home shoppers, but caution that the maintaining the independence of the Federal Reserve and tracking broader economic conditions like consumer c

Mortgage Rates Hold, Applications Down This Week This week saw a decrease in overall home purchase applications but the average mortgage rate held steady at or around three-year lows. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate m

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