Category: Financing

Today’s Mortgage Rates April 16, 2025: Big Drop in Rates as Treasury Yields Fall

April 16th, 2025
If you're planning to secure a mortgage or refinance your existing loan, today's mortgage rates - April 16, 2025 have dropped significantly across multiple loan types. The average national interest rate for a 30-year fixed mortgage is now 6.78%, down eight basis points …Read more  »

Mortgage Rates Go Down Below 7%: Should You buy or Refinance?

April 15th, 2025
Are you dreaming of owning a home or perhaps considering a refinance? Well, there's some good news to share! As of today, mortgage rates have gone down below the 7% mark. According to recent data from Zillow, the 30-year fixed purchase rate …Read more  »

Expect High Mortgage Rates Until 2026: Fannie Mae’s 2-Year Forecast

April 15th, 2025
If you're holding out hope for a big drop in mortgage rates in 2025, I've got some news: don't count on it. According to Fannie Mae's January 2025 Economic Developments report, mortgage rates aren't expected to decrease significantly in the coming year. They …Read more  »

Today’s Mortgage Rates April 15, 2025: Rates Go Down Slightly by 4 Basis Points

April 15th, 2025
Mortgage rates as of April 15, 2025, have seen a decrease for popular terms, particularly the 30-year fixed-rate mortgage, which now stands at 6.86%. This represents a drop of four basis points, providing potential homebuyers and those looking to refinance with positive …Read more  »

7 Great Benefits of Refinancing Your Mortgage

April 14th, 2025
Exchanging your old mortgage with a new one at a new interest rate is known as Refinancing your Mortgage. The number one benefit of refinancing your mortgage is to obtain a loan at a lower rate of interest and also to …Read more  »

Today’s Mortgage Rates April 14, 2025: Rates Jump to 7% as Inflation Grips

April 14th, 2025
As of April 14, 2025, the average mortgage rates are hovering around 6.90%, marking a significant increase compared to the previous month. The rising trend is influenced by various economic factors, primarily heightened inflationary pressures. With mortgage rates nearing 7%, potential …Read more  »

Today’s Mortgage Rates April 13, 2025: Rates Rise Sharply by 50 Basis Points

April 13th, 2025
As of April 13, 2025, average mortgage rates have increased, with the 30-year fixed mortgage rate now at 6.90% and the 15-year fixed rate at 6.21%. This rise comes amid economic uncertainty and concerns surrounding tariff policies, which could affect …Read more  »

Today’s Mortgage Rates April 12, 2025: Rates Rise Significantly in a Shaky Market

April 12th, 2025
As of April 12, 2025, mortgage rates have seen a noticeable increase, reflecting the current volatility in the market. The 30-year fixed mortgage rate rose to 6.90%, while the 15-year fixed rate is now 6.21%. This rise in rates emphasizes the importance of careful lender selection for …Read more  »

Today’s Mortgage Rates April 11, 2025: Rates Go Down by 4 Basis Points

April 11th, 2025
As of April 11, 2025, mortgage rates have finally ticked down. The average 30-year fixed mortgage rate is at 6.83%, while the average 15-year fixed mortgage rate has dropped to 6.18%. This decrease comes after rates spiked earlier in the week due to economic …Read more  »
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