Category: Financing

Want to know about adjustable rate mortgage (ARM) rates today, May 04, 2025? Here's the scoop: The national average APR for a 5/1 ARM is currently 6.38%, while a 10/1 ARM sits at 6.56%. But that's just the average. Whether an ARM is …Read more  »

The big question on everyone's mind as we head into May 2025 is, “Will mortgage rates go down in May 2025?” Based on what I'm seeing right now, it looks likely that we'll see a continued softening of rates. While nothing is ever guaranteed, …Read more  »

If you're dreaming of buying a home or refinancing your current mortgage, you're probably wondering: when will mortgage rates go down? The short answer, based on current trends and expert predictions, is that a significant drop in mortgage rates in 2025 seems unlikely. While …Read more  »

Wondering what's going to happen with mortgage rates this week? The consensus leans towards a slight decrease. According to a recent Bankrate poll, a majority of experts (54%) believe rates will fall in the coming week (May 1-7, 2025). The remaining experts …Read more  »

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  »

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  »

If you're anything like me, you’re probably glued to the news, trying to figure out what's going to happen with mortgage rates. Buying a home is a huge deal, and the interest rate can make or break your budget. So, …Read more  »

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  »

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  »