Current mortgage rates report for May 13, 2025: Rates stuck at elevated level

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One Month After Their April Surge, Mortgage Rates Are Floating in Cheaper Territory

The full article continues below these offers from our partners. Mortgage rates have not been spared from the market chaos triggered by President Trump's evolving tariff policy. The administration's April 2 tariff announcement triggered an immediate stock market sell-off, which led to a quick drop in 10-year Treasury yields that pushed mortgage rates lower. But that trend reversed after only two days. Bond yields then soared—confounding many experts—and that shot mortgage rates higher until they reached a 2025 peak on April 11. But 30-year mortgage rates changed direction again three...

Current mortgage rates report for May 9, 2025: Rates take a small drop

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Mortgage Rates Increase for Prospective Buyers: Today's Mortgage Rates on May 8, 2025

Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. It’s been a bumpy few months for mortgage rates. Lingering inflation, the threat of a global trade war and growing recession worries have reduced affordable options for homebuyers. The average interest rate for a standard 30-year fixed mortgage is 6.85% today, up 0.06% from seven days ago. The average rate for a 15-year fixed mortgage is 6.03%, which is an increase of 0.05% from the same...

Current mortgage rates report for May 6, 2025: Rates tick back up

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Mortgage rates fall for 2nd straight week, Freddie Mac says

Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.76% from last week's reading of 6.81%. The average rate on a 30-year loan was 7.22% a year ago. "In recent weeks, rates for the 30-year fixed-rate mortgage have fallen even lower than the first-quarter average of 6.83%," said Sam Khater, Freddie Mac's chief economist. IS THE US HOUSING MARKET BECOMING A...

Current mortgage rates report for April 29, 2025: Rates hold steady after small dip

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Mortgage Rates Today, April 28, 2025: 30-Year Rates Rise to 6.86%

Today's mortgage rates are influenced by economic and market conditions, as well as personal factors. The rate you’re quoted by a lender might be higher or lower than the national average. Here are some of the items considered when calculating your mortgage rate: • 10-year Treasury yield: Current mortgage rates, especially on a 30-year fixed-rate mortgage, are related to movements in the 10-year Treasury yield. • Mortgage-backed securities: The rate investors earn on mortgage-backed securities also plays a role.

Mortgage Rates Move Up Over the Last Week: Mortgage Rates for April 28, 2025

Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. Mortgage rate volatility is nothing new, but today's housing market is particularly unpredictable. Lingering inflation, threats of a global trade war and mounting recession fears have driven mortgage rates up and down in recent months. The average for a 30-year fixed mortgage is 6.86% today, up 6.86% since one week ago. The average rate for a 15-year fixed mortgage is 6.08%, which is an increase of...