Category: Financing
Mortgage Rates Today: 5-Year ARM Jumps by 3 Basis Points – August 16, 2025
August 16th, 2025
As of today, August 16, 2025, the national average 5-year ARM (Adjustable-Rate Mortgage) rate has risen by 3 basis points to 7.26%. Let's dive into what this means for you, whether you're a potential homebuyer, a seasoned homeowner looking to refinance, or just …Read more »
Will the Housing Market Bounce Back as Mortgage Rates Drop in 2025?
August 16th, 2025
A modest drop in mortgage rates is likely to provide some much-needed relief and a potential boost to the housing market in 2025 but it won't be a magic bullet. The average 30-year U.S. mortgage rate has dipped to its lowest point in nearly ten …Read more »
Today’s Mortgage Rates – August 16, 2025: 30-Year FRM Drops, Uptick in 15-Year FRM
August 16th, 2025
As of August 16, 2025, mortgage rates today remain broadly stable, with the national average 30-year fixed mortgage rate holding steady at 6.66%, slightly down from last week's 6.68%, signaling a very modest dip in borrowing costs. However, other mortgage products, such …Read more »
Mortgage Rates Today: 5-Year ARM Rises by 10 Basis Points – August 15, 2025
August 15th, 2025
As of today, August 15, 2025, the national average 30-year fixed mortgage rate sits at 6.64%, but the real story is the 5-year ARM mortgage rate, which has jumped 10 basis points to 7.33%. This means if you're looking at an adjustable-rate mortgage, you'll be paying …Read more »
Today’s Mortgage Rates – August 15, 2025: 30-Year FRM Drops Giving Relief to Borrowers
August 15th, 2025
Mortgage rates today on August 15, 2025, show mixed movement — 30-year fixed mortgage rates edged up slightly to 6.64%, a minuscule 1 basis point increase from the previous day but down 4 basis points compared to last week. Meanwhile, refinance rates have risen, …Read more »
30-Year Fixed Rate Mortgage Drops to Lowest Level This Week
August 15th, 2025
Great news for potential homebuyers! The average rate on a 30-year fixed rate mortgage drops to its lowest level this week, hitting 6.58%, according to Freddie Mac. This marks the lowest point since October and offers a much-needed glimmer of hope for …Read more »
Mortgage Rates Today: 5-Year ARM Jumps by 9 Basis Points – August 14, 2025
August 14th, 2025
So, the big question everyone's asking is: what's happening with mortgage rates? Well, the 5-year Adjustable Mortgage Rate just jumped by 9 basis points, landing at 7.20% on August 14, 2025. This increase, reported by Zillow, naturally has potential homebuyers and current homeowners …Read more »
Mortgage Rates Drop to Their Lowest Level Since October Last Year
August 14th, 2025
If you've been eyeing the housing market, there's some good news to share: Mortgage rates have fallen to their lowest level since October, currently sitting at an average of 6.58% for a 30-year fixed-rate mortgage as of mid-August 2025. This slight dip offers …Read more »
Today’s Mortgage Rates – August 14, 2025: 30-Year FRM Goes Down by 6 Basis Points
August 14th, 2025
On August 14, 2025, mortgage rates have slightly decreased for 30-year fixed loans but mixed for other types, with refinance rates generally showing a slight drop compared to last week. According to Zillow, the national average 30-year fixed mortgage rate dropped …Read more »
