Category: Financing

Do mortgage rates go down during an economic recession? The short answer is, it's complicated, but often, yes, they do. While there's no guarantee, history shows that in recent decades, mortgage rates often decrease during and after a recession. This is largely due to …Read more  »

As of April 20, 2025, mortgage rates have decreased slightly compared to last week, which is promising news for homebuyers and those considering refinancing. According to recent data, the average 30-year fixed mortgage rate is now at 6.79%, a decline of 11 basis …Read more  »

Mortgage rates today, April 19, 2025, have increased, reflecting market responses to economic indicators. The average 30-year fixed mortgage rate is now 6.79%, while the 15-year fixed rate has climbed to 6.11%. These upticks follow recent comments from Federal Reserve Chair Jerome Powell, which have led to …Read more  »

If you're wondering about today's refinance rates on April 19, 2025, here's the quick answer: The national average for a 30-year fixed refinance is currently at 6.95% APR, while a 15-year fixed refinance is averaging 6.27% APR, according to Bankrate's latest survey. But …Read more  »

On April 18, 2025, mortgage rates remain relatively favorable compared to last year, despite experiencing weekly fluctuations. The average for 30-year fixed-rate mortgages is around 6.71%, and for 15-year fixed mortgages, it’s approximately 6.01%. Refinance rates are also in a similar range, …Read more  »

If you've been holding your breath waiting for the right time to buy a home, you can finally exhale a little. After a period of economic jitters that sent them soaring, mortgage rates have settled back under 7%. This offers a …Read more  »

On April 17, 2025, mortgage rates have slightly decreased for the third consecutive day, providing some relief for prospective homebuyers and refinancers amid ongoing economic uncertainties. The current average 30-year fixed mortgage rate stands at 6.74%, whereas the 15-year fixed is …Read more  »

Owning a home is a significant financial commitment, and obtaining a mortgage is a crucial step in that journey. For many, the allure of a fixed-rate mortgage lies in its predictability – consistent monthly payments and the comfort of knowing …Read more  »

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  »