30-Year Refinance Rate Drops by 7 Basis Points

30-Year Refinance Rate Drops by 7 Basis Points

If you’ve been thinking about refinancing your home, today might be a good day to take a closer look. As of August 1, 2026, the average 30-year fixed refinance rate has dipped... Read more »
30-Year Refinance Rate Drops by 7 Basis Points

30-Year Refinance Rate Drops by 16 Basis Points

It’s a good day for homeowners looking to refinance their mortgages, as the national average 30-year fixed refinance rate has dipped to 6.88% as of Sunday, August 2, 2026. This marks a... 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 »
Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%

Fed Researchers Offer a New Homeownership Metric—and It Drops the Rate to 53%

The Federal Reserve of Minneapolis has proposed a new way of measuring homeownership that would change the current view of the housing landscape. In a paper released earlier this month, researchers suggested... Read more »
Homeownership Rate Remains Steady, With Regional Differences

Homeownership Rate Remains Steady, With Regional Differences

The U.S. homeownership rate remains at a plateau, holding at 65.0% in the second quarter of this year, according to the latest data from the the Housing Vacancy Survey. The homeownership rate... Read more »
Fed Interest Rate Meeting Begins With a Hike on the Table

Fed Interest Rate Meeting Begins With a Hike on the Table

Federal Reserve policymakers will begin their two-day meeting to set interest rate policy on Tuesday, and for the first time in years, the outcome of the vote is a true mystery to... 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 »
30-Year Refinance Rate Drops by 7 Basis Points

30-Year Refinance Rate Rises by 21 Basis Points

As of today, July 24, 2026, the average rate for a 30-year fixed refinance has nudged up to 7.14%, marking a 13 basis point increase from yesterday and a 21 basis point... Read more »
Fed Officials Signal Inflation Crackdown Ahead of Next Rate Meeting

Fed Officials Signal Inflation Crackdown Ahead of Next Rate Meeting

In public appearances this week, a number of top Federal Reserve officials signaled a strict crackdown on sticky inflation, setting a hawkish tone ahead of the next policy meeting later this month.... Read more »
What It Takes To Buy a 0K Home at a 6.55% Rate

What It Takes To Buy a $430K Home at a 6.55% Rate

Rates surged this week to levels not seen in 11 months as the conflict between the U.S. and Iran continued ratcheting up with no resolution in sight, putting renewed upward pressure on... Read more »