The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.77% from 6.79%, with points holding steady at 0.62, including the origination fee, for loans with a 20% down payment. That was the lowest level in three months.

Mortgage rates have dropped for five weeks in a row. But will they continue to do so this July? Here's what to consider.

Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.

The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.

It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the consistency of upward movement starting last Wednesday. In terms of the

For Gen Z, respondents indicated they’re only willing to go up to a 5.8% rate from their current average of 5.1%. Millennials (born between 1981 and 1996), who have an average rate of 4.9%, say they would extend to a max of 5.5%.

Housing Market Trends: Supply and demand dynamics in the housing market can also influence mortgage rates. In a competitive housing market with high demand, mortgage rates may rise, while rates ...

Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 business days.  This isn't an incredibly abrupt move,

US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed