A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.

Ongoing uncertainty could cause rates to stay high, or increase further. For instance, if tariffs cause inflation to reignite ...

Each mortgage has a loan term, or payment schedule ... Fixed-rate mortgages are a better option if you plan to live in a home in the long term, but adjustable-rate mortgages may offer lower interest ...

Mortgage rates hold steady July 23, 2025, with 30-year fixed at 6.625%. Trump hints at capital gains tax cut for home sales.

Not all mortgages are created equal. Learn the pros, cons and ideal use cases for today’s most popular home loans, so you can ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...

Home Loan Rates Slightly Under 7% for Borrowers: Current Mortgage Rates for June 3, 2025 ... A 5/1 adjustable-rate mortgage has an average rate of 6.17% today.

With rates for fixed-rate mortgages in the high sixes, buyers wonder whether an adjustable one may be better. The average rate on a 30-year fixed mortgage was 6.95 percent Thursday — its second ...

Adjustable-rate mortgages have grown in popularity in recent months as borrowers search for affordability relief anywhere they can find it.With rates in the high-6% range on 30-year fixed products ...

With average mortgage interest rates ranging from 6.08% to 7.79% in 2023 and 2024, many held onto their existing loans to avoid higher monthly payments. But the outlook is getting brighter .

Adjustable-rate loans may be the mortgages people love to hate, ... Even when the spread between ARM and fixed rates is low, there are a couple of reasons to consider adjustable home loans.

When the Fed raises rates, mortgage lenders follow suit to maintain their margins. This domino effect means new home loans cost more, and adjustable-rate mortgages reset higher. The math is stark ...