With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.

Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 10.0% on a seasonally adjusted basis for the week ending July 11,

Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

Mortgage refinance rates didn’t move at 6.94% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.91%. On a 20-year mortgage refinance, the ...

Today's refinance rate trends. At the start of 2025, many expected inflation to keep cooling down and the Federal Reserve to cut interest rates, which would have gradually lowered mortgage ...

Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7%, while purchase app