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How the Federal Reserve Affects Mortgage Rates
For mortgage interest rates, Federal Reserve policy wields an indirect influence, along with inflation and jobs.
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Mortgage Rates Today, Tuesday, October 27: Flat for Now
TL;DR: Average mortgage interest rates are in a holding pattern, at least for today.
Mortgage Rates Today, Monday, October 26: Back Up
TL;DR: Mortgage rates are moving upward again after last week's AI-fueled spiral.
FHA Mortgage Insurance
The annual FHA mortgage insurance premium varies from 0.15% to 0.75% of the loan amount.
Mortgage Rates Today, Wednesday, October 28: Noticeably Lower
TL;DR: Average mortgage interest rates are lower today ahead of the Fed's announcement.
Mortgage Rates Today, Tuesday, October 27: Flat for Now
TL;DR: Average mortgage interest rates are in a holding pattern, at least for today.
Mortgage Rates Today, Monday, October 26: Back Up
TL;DR: Mortgage rates are moving upward again after last week's AI-fueled spiral.
Mortgage Rates Today, Wednesday, October 28: Noticeably Lower
TL;DR: Average mortgage interest rates are lower today ahead of the Fed's announcement.
Mortgage Rates Today, Tuesday, October 27: Flat for Now
TL;DR: Average mortgage interest rates are in a holding pattern, at least for today.
Mortgage Rates Today, Monday, October 26: Back Up
TL;DR: Mortgage rates are moving upward again after last week's AI-fueled spiral.
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Latest articles
As Fed Holds Steady, Are 7.5% Mortgage Rates Still Possible?
The Fed voted to hold rates steady, but mortgage rates still have room to grow.
Mortgage Rates Today, Wednesday, October 28: Noticeably Lower
TL;DR: Average mortgage interest rates are lower today ahead of the Fed's announcement.
Mortgage Rates Today, Tuesday, October 27: Flat for Now
TL;DR: Average mortgage interest rates are in a holding pattern, at least for today.
Mortgage Rates Today, Monday, October 26: Back Up
TL;DR: Mortgage rates are moving upward again after last week's AI-fueled spiral.
Mortgage Rates Today, Friday, October 23: A Substantial Drop
TL;DR: Trouble for tech stocks is good news for Treasuries, sending bond yields and mortgage rates lower.
Mortgage Rates Remain Above 7% in a Stalled Housing Market
Data released this week reveal a housing market where somehow, nobody's coming out ahead.
Mortgage Rates Today, Thursday, October 22: A Little Higher
TL;DR: Mortgage rates are rebounding as markets mull the possibility of upcoming strikes in Iran.
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average mortgage rate will climb to 7.5% in 2027, according to Fannie Mae.
Mortgage Rates Are Up Again This Week — How Can Home Buyers Cope?
Buying down the rate could help your homebuying budget stretch a little further.
Weekly Mortgage Rates Find a New Normal Above 7%
As the cost of borrowing climbs, it’s OK to reevaluate your homebuying plans in the typically slow fall and winter months.
Why the Bond Market’s Struggles Are Driving Up Mortgage Rates
Inflation, an AI borrowing boom and rising government debt are pushing bond yields to their highest levels in 20 years — and mortgage rates are climbing right along with them.
Your Guide to Bargain Hunting With Mortgage Rates Above 7%
Think like a grocery shopper on a budget: Compare options, find savings and stay flexible.
Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates
The Fed's announcement could actually relieve some of the upward pressure on rates.
Weekly Mortgage Rates Climb as Inflation Anxiety Builds
All eyes are on the Federal Reserve, as it weighs whether to raise its benchmark rate next week.
Mortgage Rates Rise This Week as Markets Anticipate Fed Hike
Some mortgage lenders are already advertising rates above 7%.
Weekly Mortgage Rates Are Up as Investors Weigh Inflation and AI
An influx of tech bonds and new inflation data sent mortgage rates up this week.
Mortgage Rates Are Lower This Week. Could They Drop Further?
Wednesday's Treasury announcement bolstering the bond market might ease mortgage rates.
Weekly Mortgage Rates Ease as Inflation Loses Some Heat
Mortgage rates gave home buyers a little breathing room this week — but not much.
How to Buy Land to Build a House
You can choose between raw, unimproved or improved land, each with its own level of development.
Mortgage Rates Flatten, but They’re Already Higher Than July’s Average
Mortgage rates were mostly the same this week, as markets juggle jobs data and news from Iran.