Category: Financing

Today’s Mortgage Rates – May 4, 2025: Rates Rise Notably by 9 Basis Points

May 4th, 2025
As of May 4, 2025, today's mortgage rates have seen a notable increase. The average 30-year fixed mortgage rate is now at 6.70%, up by nine basis points since last week, while the 15-year fixed rate has also risen to 5.95%. For anyone looking …Read more  »

Mortgage Rates Continue to Drop: 30-Year Fixed-Rate Dips to 6.76%

May 3rd, 2025
Are you thinking about buying a home, or perhaps refinancing your current mortgage? The news you've been waiting for is here: mortgage rates are continuing their downward trend. As of May 1, 2025, the 30-year fixed-rate mortgage has dipped to 6.76%, a welcome change compared …Read more  »

Today’s Mortgage Rates – May 3, 2025: Rates Rise Following Strong Jobs Data

May 3rd, 2025
As of May 3, 2025, mortgage rates have experienced a noticeable increase, primarily in response to a recent strong jobs report. The average 30-year fixed mortgage rate has risen to 6.70%, reflecting a nine basis point hike since the previous …Read more  »

Will Mortgage Rates Ever Drop Below 5% Again?

May 3rd, 2025
If you're like many people thinking about buying a home or even just keeping an eye on your current mortgage, the question of whether mortgage rates will ever drop below 5% again is probably on your mind. It feels like just yesterday …Read more  »

States With the Lowest Mortgage Rates Today – May 2, 2025

May 2nd, 2025
If you're in the market for a home, you're probably glued to mortgage rates! As of today, May 2, 2025, the states with the lowest mortgage rates for a 30-year new purchase are New York and Washington. Following closely behind, you'll find relatively …Read more  »

Mortgage Rates Drop and Remain Below 7% for 15 Straight Weeks

May 2nd, 2025
Great news for anyone eyeing a new home or considering a refinance! As of May 1, 2025, mortgage rates have remained below 7% for the fifteenth consecutive week. This extended period of stability is making waves in the housing market, creating …Read more  »

Today’s Mortgage Rates – May 2, 2025: Rates Are Down 46 Basis Points From Last Year

May 2nd, 2025
As of May 2, 2025, mortgage rates have experienced a slight drop overall compared to previous weeks. The national average 30-year fixed mortgage rate is now 6.76%, reflecting a decrease of five basis points this week. This marks a significant drop of 46 basis points from the …Read more  »

States With the Lowest Mortgage Rates Today – May 1, 2025

May 1st, 2025
Looking for the states where you can snag the cheapest mortgage rates right now? As of today, May 1, 2025, the states boasting the lowest 30-year mortgage rates are New York, Texas, Florida, Pennsylvania, Washington, Arizona, New Jersey, and Utah, with average rates ranging …Read more  »

Today’s Mortgage Rates – May 1, 2025: Rates Fluctuate After Negative GDP Data

May 1st, 2025
Today's mortgage rates, as of May 1, 2025, are experiencing fluctuations due to recent economic data, particularly concerning GDP and inflation. The 30-year fixed mortgage rate has seen a slight increase to 6.64%, while the 15-year fixed rate remains steady at 5.91%. Conversely, the 5/1 ARM rate has …Read more  »