Category: Financing

Today’s Mortgage Rates – May 27, 2025: Rates Are Largely Stable Lingering Below 7%

May 27th, 2025
As of May 27, 2025, mortgage rates have largely remained unchanged following the Memorial Day weekend, with average rates lingering below the 7% mark. The average 30-year fixed mortgage rate is currently at 6.90%, and the average 15-year fixed rate stands …Read more  »

Today’s Mortgage Rates – May 26, 2025: Rates Go Down Over the Memorial Day Weekend

May 26th, 2025
Today's mortgage rates have seen a slight decrease. As of May 26, 2025, the average 30-year fixed mortgage rate is 6.89%, a drop of three basis points. On the other hand, the 15-year fixed mortgage rate has increased by one basis point, now standing at 6.11%. …Read more  »

30-Year Mortgage Rates Rise to Highest Point in Over a Year

May 25th, 2025
The average interest rate on a 30-year fixed-rate mortgage has climbed to 7.15%, marking the highest point we've seen in over a year, specifically since May 2, 2024. This increase has ripple effects across the housing market and impacts affordability …Read more  »

Today’s Mortgage & Refinance Rates – May 25, 2025: Rates Remain Elevated and Volatile

May 25th, 2025
Today's mortgage rates as of May 25, 2025, are just under 7%, a level that illustrates the ongoing strain in the housing market influenced by political and economic developments. Specifically, the projected impact of the GOP tax bill, expected to increase the …Read more  »

Today’s Mortgage & Refinance Rates – May 24, 2025: Rates Decline Giving Relief to Buyers

May 24th, 2025
As of May 24, 2025, mortgage rates have seen a slight drop after a brief period of increases. The national average for a 30-year fixed mortgage has decreased to 6.94% while the 15-year fixed mortgage rate is currently at 6.09%. This shift towards …Read more  »

States With Lowest Mortgage Rates Today – May, 23 2025

May 23rd, 2025
Looking for the best mortgage rates today? On May 23, 2025, the states boasting the cheapest 30-year new purchase mortgage rates are New York, California, New Jersey, Kentucky, Indiana, North Carolina, Tennessee, and Texas, with average rates hovering between 7.04% and 7.12%. These states provide …Read more  »

Today’s Mortgage Rates – May 23, 2025: Rates Climb Higher as Tax Bill Moves Forward

May 23rd, 2025
Mortgage rates on May 23, 2025, have seen a notable increase compared to previous weeks, marking the third consecutive week of rising interest rates. According to Freddie Mac, the weekly national average for a 30-year fixed mortgage is currently at 6.86%, …Read more  »

Fed Predicted to Deliver Only One Interest Rate Cut in 2025

May 22nd, 2025
The question on everyone's mind in the financial world right now is: when will interest rates come down? Well, according to Atlanta Fed President Raphael Bostic, we might only see one interest rate cut in 2025. This outlook, which he shared …Read more  »

States With Lowest Mortgage Rates Today – May, 22 2025

May 22nd, 2025
Looking for the best mortgage rates? As of today, May 22, 2025, the states with the lowest 30-year mortgage rates are New York, California, Florida, North Carolina, Pennsylvania, Texas, and Kentucky. These states currently offer rates ranging from 6.88% to 7.09%. Let's dive deeper into …Read more  »
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