Mortgage rates are moving in opposite directions today: lower for long-term loans, and slightly higher for shorter. According to Zillow, the current 30-year mortgage rate is 6.36%, down 11 basis points. The 15-year fixed interest rate rose three basis points to 5.69%. Dig deeper: The best mortgage lenders right now Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: 6.36% 20-year fixed: 5.90% 15-year fixed: 5.69% 5/1 ARM: 6.56% 7/1 ARM: ...

Most mortgage rates have ticked up since the Sept. 17 Federal Reserve meeting. According to Zillow, the average 30-year fixed mortgage rate has increased by 34 basis points since Sept. 16, now sitting at 6.47%. This is because it's common for mortgage rates to decrease in anticipation of a Fed rate cut, but they don't necessarily keep falling afterward. The mid-6% range could be the new normal, at least for the foreseeable future. Economists don't predict that mortgage rates will fall drastically before t ...

Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Soaring home prices have been a pressing issue in America — and elevated mortgage rates only add to the strain. With the Federal Reserve’s recent rate cut, many homebuyers might expect borrowing costs to ease. Not so fast, says “Shark Tank” investor Kevin O’Leary. Must Read “Even though the Fed dropped 25 basis points, which is a quarter of one percent, people are anticipating a big drop in ...

Talk about anticlimactic, right? Millions of renters and homeowners have been waiting all year for the Federal Reserve to lower interest rates. Everybody just kind of assumed that lower government borrowing rates would have a direct impact on mortgage rates. But one week on from the Fed’s hotly anticipated rate cut, and mortgages haven’t moved a muscle. If anything, some rates actually ticked up right after the Fed’s announcement. More News from Barchart So, what gives? Unfortunately, there are a coupl ...

CNBC's Jim Cramer on Thursday reviewed recent earnings reports from major homebuilders Lennar and KB Home, expressing concern that the Federal Reserve's rate cuts won't help bring down mortgage rates."I think it's better to take a wait-and-see approach to the homebuilders, just in case we see a repeat of last fall, where the Fed started cutting and it didn't make a difference," he said. "If anything, it drove the bond market in the wrong direction and mortgage rates higher."The Fed lowered its benchmark bor ...

If you’ve been saving for a down payment for a house over the past few years, you may have noticed that the goal posts seem to be moving. You’re not imagining things: America’s housing market is supercharged, with prices reaching historic heights. According to Zillow, in June 2025 America’s housing market hit a record value of $55.1 trillion, with a staggering $20-trillion (57%) increase since 2020 [1]. Must Read The gains in 2025 have slowed from the breakneck pace seen between 2020 and 2022, however, ...

Um, you guys, you mentioned housing. There's an interesting wrinkle in existing today. Let's get to Diana Olick.Hey, Diana. Hey, Carl. I guess the wrinkle is that the uh AP has broken the embargo for 10:00.So, we'll just go ahead with the numbers right now. Existing home sales were essentially flat in August at a seasonally adjusted annualized rate of 4 million units. That's down 0.2% from July, up 1.8% from August of last year.Now, the street was looking for a slightly bigger drop of 1 and a.5%. Sales were ...

Washington, D.C., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Existing-home sales remained essentially the same in August, ticking down by 0.2% from July, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Midwest and West, and fell in the Northeast and South. Year-over-year, sales rose in the Midwes ...

(Reuters) -Sales of previously owned U.S. homes ticked lower in August amid affordability issues for buyers thanks to still-pricey homes on the market and interest rates on mortgages that remain relatively steep despite recent drops in borrowing costs. Home sales slipped 0.2% last month to a seasonally adjusted annual rate of 4.00 million units from an unrevised 4.01 million in July, the National Association of Realtors said on Thursday. Economists polled by Reuters had forecast home resales would slip sl ...

Sales of previously occupied U.S. homes remained sluggish in August, even as a late-summer slide in mortgage rates brought home loan borrowing costs to a 10-month low. Existing home sales slipped 0.2% last month from July to a seasonally adjusted annual rate of 4 million units, the National Association of Realtors said Thursday. That’s the slowest sales pace since June. Sales rose 1.8% compared with August last year. The latest sales figure topped the 3.96 million pace economists were expecting, accordin ...