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 at 6.29%, Adjustable Rates Drop Sharply

30‑Year Fixed at 6.29%, Adjustable Rates Drop Sharply

As of today, June 4, 2026, the average interest rate for a 30-year fixed mortgage is holding steady in the mid-6% range, specifically around 6.29%. While rates have been doing a bit... Read more »
30‑Year Fixed at 6.29%, Adjustable Rates Drop Sharply

Rates Rise Sharply Across the Board for Conventional Loans

If you’re looking to buy a home or refinance, you’ve likely noticed that mortgage rates have taken a hike today, May 20, 2026. Across the board, conventional mortgage rates are up, with... Read more »
30‑Year Fixed at 6.29%, Adjustable Rates Drop Sharply

30-Year Fixed Rate Drops Sharply Since Last Weekend

If you’re in the market for a home or looking to refinance, today, April 5th, 2026, brings some good news. Mortgage rates have taken a noticeable dip compared to just last weekend.... Read more »
Mortgage Refinance Demand Drops Sharply by 19% in March 2026

Mortgage Refinance Demand Drops Sharply by 19% in March 2026

If you’ve been thinking about refinancing your mortgage, you’re probably not alone in rethinking that strategy right now. My own gut feeling, supported by the latest numbers from the Mortgage Bankers Association,... Read more »

Economic Growth Revised Sharply Down to 0.7% After Historic Government Shutdown—but Don’t Expect Fed Cuts

The U.S. economy’s growth in late 2025 was dramatically slower than initially reported, in large part due to the fallout from last fall’s record-breaking government shutdown. Gross domestic product (GDP), the total... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 84 Basis Points

30-Year Fixed Mortgage Rate Drops Sharply by 84 Basis Points

Mortgage rates just delivered welcome relief. The 30-year fixed has dropped 84 basis points compared to this time last year, bringing the average down to 6.01% as of February 19, 2026. That... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 78 Basis Points

30-Year Fixed Mortgage Rate Drops Sharply by 78 Basis Points

If you’ve been dreaming of owning your own home, this is fantastic news you won’t want to miss. The 30-year fixed mortgage rate has seen a dramatic drop of 78 basis points... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

Big news for anyone thinking about buying a home or refinancing! The average 30-year fixed mortgage rate has fallen by a whopping 98 basis points over the past year, hitting its lowest... Read more »
30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

30-Year Fixed Mortgage Rate Drops Sharply by 98 Basis Points

Big news for anyone thinking about buying a home or refinancing! The average 30-year fixed mortgage rate has fallen by a whopping 98 basis points over the past year, hitting its lowest... Read more »