2025 Mortgage Rate Forecast: What Another Trump Presidency Means for Rates
Homeownership remains a challenge as average mortgage rates hover north of 7%, home prices refuse to ease and an inventory shortage locks out buyers.Following his inauguration on Jan. 20, President Donald Trump signed an executive order on the cost-of-living crisis to pursue action to "lower the cost of housing and expand housing supply.
Mortgage rates aren't likely to fall any time soon — here’s why
Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists said.
Today's Mortgage Rates | Rates Were Forecast To Drop. It's Unclear if They Will.
These are today's mortgage and refinance rates. Mortgage rates may not drop as much, or at all, if inflation doesn't continue to slow this year.
Will mortgage rates fall below 6% in 2025? What experts say
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says Steven Parangi, a licensed mortgage loan originator and owner of Alpine Mortgage Services. His view aligns with the Mortgage Bankers Association's prediction that rates will stay between 6% and 7% throughout the year.
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do the opposite.
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday, extending a weekslong climb that could push more buyers and sellers to the sidelines.
Home sales stall as 7% mortgage rates return
Mortgage rates are back above 7%, and that’s slowing an already sluggish housing market with potential buyers choosing to wait on the sidelines to start the year. Home sales have stalled in January, down 10% in the most recent week compared to a year ago,
Drop in 30-Year Mortgage Rates Extends to a Third Day
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last ...
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage Rates Surge Back Above 7% After Strong Jobs Report
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate ...
Map Shows the States Paying the Most in Mortgage Payments
The states that saw the most substantial mortgage costs were as follows: Hawaii, California, Utah, Oregon, Idaho, Washington, Colorado, Nevada, Massachusetts and Arizona.