Weekly mortgage demand surges 20% higher after interest rates drop to the lowest since last year
Total mortgage application volume jumped 20.4% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Mortgage rates plummet, sparking a surge of refinances
The 30-year fixed-rate mortgage fell to the lowest level since December 2024 at the end of February, prompting many homeowners to refinance their home loans, according to a weekly report by the Mortgage Bankers Association, a trade industry group. The plunge in rates even bumped up home-buying demand slightly.
Lower mortgage rates drew more homebuyers last week
Two straight weeks of declining mortgage rates have awakened the housing market. In a significant shift for the mortgage market, loan applications surged b
Lowest mortgage rates in months create surge in applications
Mortgage rates on FHA loans dipped to 6.42% and refinance activity saw its fastest pace since October 2024, the MBA reported.
Mortgage rates drop again to lowest level this year
Discount points are a way to lower your mortgage rate, while origination points are fees lenders charge to create, review and process your loan. The national median family income for 2024 was $97,800,
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
But the same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook for where mortgage rates will go from here.
30-Year Refinance Rates Drop to New 4-Month Low
Refinance rates for 30-year loans have fallen seven of the last nine days, sinking rates to their lowest level since mid-October. Most other refi rates also dipped.
Mortgage rates fall to three-month low: MBA
Demand for home loans, particularly refinancings, surged in the last week of February as Treasury yields fell.
Current Mortgage Refinance Rates: March 5, 2025 – Rates Decrease
The rate on a 30-year fixed refinance slipped to 6.6% today, according to the Mortgage Research Center. Rates averaged 5.56% ...
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Mortgage Rates Fall for a Ninth Straight Day—Sinking to Lowest Level Since October
Rewinding further, the 30-year average rose to a high 7.37% last spring, so today's rates are significantly improved vs. 11 months ago. They're also more than 1.5 percentage points cheaper than the ...
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Current Investment Property Mortgage Rates
Knowing what kind of interest rate you can expect to pay on your loan—versus a standard conventional loan—will help determine whether the investment is worth it. Investment property mortgage ...
Today's Mortgage Rates | Gloomy Economic Outlook Pushes Rates Down
These are today's mortgage and refinance rates. Mortgage rates have dropped recently as investors weigh weaker economic data.
Mortgage Demand Jumps as Rates Fall on Tariff Uncertainty
Mortgage demand for purchases was up 12%, and refinancing rose 37% from last week as rates dropped to their lowest levels ...
Latest HELOC & Home Equity Loan Rates: March 4, 2025
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Navy Federal Credit Union Mortgage Review 2025: Zero Down Loans and Low Fees
Explore our review of Navy Federal Credit Union's 2025 mortgage offerings. Learn about rates, loan options, customer service, ...