Mortgage Rate Predictions for Week of Feb. 3-9, 2025
Yet, long term, they will cause mortgage rates to rise as investors demand better returns," said Nicole Rueth, SVP of the Rueth Team Power
‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in February. The core inflation rate should decline further, giving bond yields and mortgage rates room to fall, but not by a lot,” says Lewis.
Mortgage Rates Saw a Notable Drop Last Week. Here's How Much You Could Save.
Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday. Like 30-year loans, 15-year rates sank to a two-year low in September, dropping as far as 4.97% (though the lowest Friday weekly average was 5.07%).
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
Mortgage Rates Today: February 4, 2025 – Rates Remain Fairly Steady
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.89%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.89%, and the average rate on a 30-year jumbo mortgage is 7.
Lower mortgage rates draw homeowners in — but keep home buyers out
Mortgage rates inched down to their lowest level in six weeks, but the drop wasn’t enough to lure home buyers back into the ...
Mortgage Expert Warns Homeowners Not To Throw Away This Form Sent With Your Recent Statement
A mortgage expert has warned homeowners not to throw away their 1098 tax forms before they file. In her recent video, ...
Today's Mortgage Rates | Rates Hold Steady in Spite of Tariff Uncertainty
These are today's mortgage and refinance rates. Mortgage rates are holding steady as investors wait to see how tariffs could ...
How to apply for a mortgage
CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...
California mortgage executive alleged to have killed 88-year-old in drunk driving accident
Mortgage executive Serene Francie Rosenberg was arrested on suspicion of driving under the influence and murder in a fatal ...
Fed Ends Two Wells Fargo Orders Tied to Mortgage Practices
The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago ...
Homebuyer mortgage demand drops further, a troubling sign for the spring market
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings ...
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
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Mortgage 1 Inc. Sues Alleged Copycat, 'Mortgage One'
Michigan-based lenders, Mortgage 1 Inc., and Mortgage One Funding LLC., are going toe-to-toe in a trademark infringement ...