Category: Financing
Today’s Mortgage Rates – May 21, 2025: Rates Go Down, But Only Marginally
May 21st, 2025
As of May 21, 2025, mortgage rates have eased lower compared to previous weeks, driven by shifting economic signals and Federal Reserve policies. The average rates for key mortgage terms today are as follows: the 30-year fixed mortgage rate is sitting at 6.80%, …Read more »
Today’s Mortgage Rates – May 20, 2025: Rates Jump Post Moody’s Credit Downgrade
May 20th, 2025
As of May 20, 2025, mortgage rates have seen a significant increase, largely influenced by Moody's recent downgrade of the U.S. credit rating. The 30-year fixed mortgage rate now stands at 6.85%, while the 15-year fixed mortgage rate is at 6.07%. The …Read more »
States With Lowest Mortgage Rates Today – May, 20 2025
May 20th, 2025
Looking for the best mortgage rates today? As of May 20, 2025, the states boasting the lowest 30-year new purchase mortgage rates are New York, California, New Jersey, Florida, Tennessee, Georgia, Pennsylvania, Texas, and Utah, with average rates hovering between 6.84% and 7.05%. But …Read more »
Mortgage Rates Surge to 7% After Moody’s Recent Credit Downgrade
May 20th, 2025
If you're in the market for a home, you might be sighing right now. Following Moody's recent credit downgrade of the U.S., 7% mortgage rates are back, adding another layer of complexity to an already challenging housing market. This means that …Read more »
States With Lowest Mortgage Rates Today – May, 19 2025
May 20th, 2025
Looking for the states with the lowest mortgage rates today? On May 19, 2025, the states boasting the cheapest 30-year new purchase mortgage rates are New York, California, Florida, Colorado, Tennessee, Texas, Georgia, North Carolina, and Washington. These states showcase average rates ranging from 6.81% …Read more »
Today’s Mortgage Rates – May 19, 2025: Rates Drop Offering Savings to Buyers
May 19th, 2025
As of May 18, 2025, the mortgage rates in the United States have experienced a slight decrease. This is promising news not just for homebuyers considering their first home purchase, but also for homeowners looking to refinance their existing mortgages. …Read more »
Today’s Mortgage Rates – May 18, 2025: Rates Drop Again by 8 Basis Points
May 18th, 2025
As of May 18, 2025, mortgage rates have decreased, presenting a more favorable environment for home buyers and those considering refinancing their existing loans. The average 30-year fixed interest rate is now at 6.77%, down eight basis points, while the 15-year fixed rate …Read more »
Today’s Mortgage Rates – May 17, 2025: Rates Go Down Notably Across the Board
May 18th, 2025
As of May 17, 2025, mortgage rates have shown a notable decrease, making it a potentially advantageous time to explore your options. The current average rate for a 30-year fixed mortgage stands at 6.77%, down from previous highs. For 15-year fixed …Read more »
Fixed vs. Adjustable Rate Mortgage in 2025: Which is Best for You?
May 17th, 2025
Navigating the home loan market can feel like trying to find your way through a maze, especially when you hit that big fork in the road: fixed-rate or adjustable-rate mortgage? If you're looking to buy a home in the near …Read more »