30-Year Mortgage Rate Predictions for the Next 12 Months

Mortgage rate forecasts rarely come with much certainty, but the near-term outlook is fairly consistent across major forecasters: the 30-year fixed rate is expected to stay between 6.3% and 6.8% over the... Read more »
30-Year Fixed Mortgage Rate Drops by 6 Basis Points Year-Over-Year

30-Year Fixed Mortgage Rate Drops by 6 Basis Points Year-Over-Year

Even though mortgage rates seem to be creeping up week by week, here’s a little secret: the big picture shows a slight dip. The average rate for a 30-year fixed mortgage is... Read more »
30-Year Fixed Mortgage Rate Drops by 16 Basis Points Year-Over-Year

30-Year Fixed Mortgage Rate Drops by 16 Basis Points Year-Over-Year

The 30-year fixed mortgage rate is down by 16 basis points compared to this time last year. While this might seem like a small change, it can actually mean saving a good... Read more »
When Will Mortgage Rates Go Down: Not Until Mid-2027

When Will Mortgage Rates Go Down: Not Until Mid-2027

Mortgage rates aren’t expected to make a significant drop until mid-2027. Right now, and for the rest of 2026, we’re likely to see them stick around the mid-6% range, maybe hovering between... Read more »
30-Year Fixed Mortgage Rates Rises Suppressing Buyer Demand

30-Year Fixed Mortgage Rates Rises Suppressing Buyer Demand

If you’re thinking about buying a home, the news isn’t exactly sunshine and rainbows right now. The average rate for a 30-year fixed mortgage has crept up to 6.55%, and this jump... Read more »
Buyer Demand Cools Amid Rising Costs

Buyer Demand Cools Amid Rising Costs

Mortgage rates have climbed again, with the average 30-year fixed-rate mortgage reaching 6.55% this week, causing many potential homebuyers to pause their search. The latest news from the Freddie Mac Primary Mortgage... Read more »
July 1 to July 31, 2026

July 1 to July 31, 2026

Good news for potential homebuyers and homeowners looking to refinance: mortgage rates are set to stay put in the mid-6% range for the next 30 days, from July 1 to July 31,... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 28 Basis Points Year Over Year

30-Year Fixed Mortgage Rate Drops Sharply by 28 Basis Points Year Over Year

The average 30-year fixed mortgage rate has dipped by 28 basis points compared to this time last year, now sitting at 6.49%. While this might sound like a small shift, it could... Read more »
30-Year Fixed Mortgage Rate Drops by 32 Basis Points Year-Over-Year

30-Year Fixed Mortgage Rate Drops by 32 Basis Points Year-Over-Year

According to the Freddie Mac Primary Mortgage Market Survey for the week ending June 11, 2026, the 30-year fixed-rate mortgage averaged 6.52%, marking a 32-basis-point drop year-over-year from the 6.84% average recorded... Read more »
30-Year Fixed Mortgage Rate Drops by 37 Basis Points Year-Over-Year

30-Year Fixed Mortgage Rate Drops by 37 Basis Points Year-Over-Year

The latest numbers from Freddie Mac are certainly encouraging for anyone dreaming of homeownership. For the week ending June 4, 2026, the average rate for a 30-year fixed mortgage landed at 6.48%.... Read more »