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mortgages

Global Tensions Push Up Weekly Mortgage Rates

As the Iran war continues into its second week, markets remain unsettled by uncertainty over oil prices and inflation — two forces that ripple through the economy to affect mortgage rates. The average rate on a 30-year fixed-rate mortgage rose seven basis points to 5.98% APR in the

Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy

Mortgage rates increased this week following news of a new war in the Middle East. In the week ending March 6, the average 30-year fixed mortgage rate went up seven basis points from the week prior to 5.94%, according to rates provided to NerdWallet by Zillow. (A basis

March Mortgage Outlook: Lower Rates Ahead

We're seeing interest rates on 30-year, fixed rate mortgages start with fives for the first time in three-and-a-half years, and rates' downward trajectory is likely to continue in March. I'm not anticipating any major moves — just a continuation of what we

Locked Out: Can Congress Fix the Housing Crisis?

The House recently passed a bipartisan housing bill aimed at building more homes and easing high prices, a rare point of agreement in a deeply divided Congress. If you’re hoping to buy in the next year or two, this could matter more than you think — especially if money is

5% Mortgage Rates Are Here. Will They Last?

5% Mortgage Rates Are Here. Will They Last?

Mortgage rates continue to be at the lowest level we've seen in a few years. It's welcome news for homeowners looking to refinance, since they can react quickly to rate shifts. But will these numbers stick around long enough to help prospective home buyers who remain

Weekly Mortgage Rates Lower as Inflation Appears to Slow

Weekly Mortgage Rates Lower as Inflation Appears to Slow

It's been a minute since we've seen mortgage lenders quoting rates that begin with a five, but that's where we are now. How long it will last is another story (one you'll have to keep reading to hear). The average rate on