Patrick T. Fallon/AFP via Getty Images Rates dropped to 6.29% for the 30-year, fixed-rate mortgage, the lowest rate measured by the Mortgage Brokers Association (MBA) since February 2023.

The Federal Reserve won't make its next rate decision until September 18, but homebuyers are already getting a break on borrowing costs, with the average rate for a 30-year fixed mortgage now at ...

Analysts predict more relief ahead. By Danielle Kaye Mortgage rates dipped this week to a recent low, with analysts predicting a sharper drop in the coming months that could motivate potential ...

Chris Jennings is a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time homebuyers ...

While it's true that there have only been 8 business days so far this month, it's also true that today is the only one of the 8 where mortgage rates haven't been lower than the previous day for ...

Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6. ...

Homebuying in the United States has recently slowed to a crawl, but falling mortgage rates could soon jolt it back to life. For potential homebuyers who may have been itching to come off the ...

The average rate on a 30-year mortgage eased this week to the lowest level in 15 months, providing slight relief for U.S. home shoppers navigating a brutal housing market. The rate fell to 6.46% ...

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Mortgage rates didn’t go down again this week, but at least they didn’t go up. Freddie Mac reports the average 30-year fixed-rate mortgage is 6.35%, the same as last week. But overall ...

Fed Chair Powell signals the ‘time has come’ to start cutting. Here’s where analysts think mortgage rates will go from here. Speaking from Jackson Hole on Friday, Fed Chair Jerome Powell ...