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News for: Mortgage Rates
Showing 169 - 192 of 2265 results
Oct 11, 2026 4:23 PM
— Mortgage Rates
Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts
Mortgage rates are projected to stay above 7% through 2027, according to economist Mike Fratantoni from the Mortgage Bankers Association. The rise in rates is attributed to high inflation, resulting in actions from central banks and increased Treasury yields. Currently averaging 7.40%, mortgage rates are at a three-year high, influenced by global economic factors and rising oil prices. The Federal... more
Oct 11, 2026 11:12 AM
— Mortgage Rates
Aikenomics: Mortgage rates didn’t kill housing market, but wrong conversation might
As 30-year mortgage rates cross the 7.50% mark, many potential buyers are pausing their home searches, fearing higher costs. The article argues that the focus should shift from the mortgage rate to the monthly payment that buyers can afford. It suggests that sellers should consider alternative strategies, such as using price reductions or financing options, to make homes more affordable rather tha... more
Oct 11, 2026 10:00 AM
— Mortgage Rates
Mortgage Rates Hit Almost 7.5% — What Waiting To Buy Could Cost If They Keep Rising
Mortgage rates have surged to nearly 7.5%, significantly higher than the sub-3% rates experienced during the pandemic. As of October 8, the average rate for a 30-year fixed mortgage was 7.40%, up from 6.67% the previous month. This increase means that a $400,000 mortgage would cost about $2,770 monthly at 7.40%, increasing to $2,797 at 7.5% and $2,935 at 8%. If rates remain high, potential homebuy... more
Oct 11, 2026 9:30 AM
— Mortgage Rates
Is 8% next? Why mortgage rates have surged, and may stay higher for longer
Mortgage rates have surged to around 7.5%, a three-year high, following a significant increase in bond yields driven by strong economic growth and geopolitical tensions, particularly relating to oil prices. Experts suggest that while inflationary expectations and growth factors are pushing rates higher, there is uncertainty due to global events that could continue to influence interest rates. Pred... more
Oct 11, 2026 5:50 AM
— Mortgage Rates
Beinsure Data: The Average 30-year Fixed Mortgage Rate Climbed to Their Highest Level in 3 Years
US mortgage rates have increased to an average of 7.4% for a 30-year fixed mortgage, marking the highest level since November 2023. This rise is causing strains in the housing market, making home ownership more challenging for American buyers. The demand for refinancing has fallen by 56% compared to last year, with total mortgage application volume dropping by 4.2%. As mortgage rates rise, many bo... more
Oct 11, 2026 5:30 AM
— Mortgage Rates
All six big banks raised fixed mortgage rates by up to 0.5 points in five weeks — here's what renewals now cost
Canada's major banks have recently increased fixed mortgage rates by up to half a percentage point, despite the Bank of Canada maintaining its policy rate. This rate hike caught many homeowners by surprise as they prepare for mortgage renewals. The increase in fixed rates is primarily influenced by rising long-term bond yields, which have been climbing due to inflation concerns and other economic ... more
Oct 11, 2026 3:46 AM
— Mortgage Rates
US mortgage rates today hit 7.4%, highest since November 2023
US mortgage rates have reached their highest level in nearly three years, with the average for a 30-year fixed mortgage hitting 7.4%. This increase comes amid elevated property prices and a strained housing market, making homeownership increasingly difficult. Total mortgage application volume fell by 4.2% from the previous week, with refinancing applications seeing a steep decline of 56% compared ... more
Oct 11, 2026 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, Sunday, October 11, 2026: Fixed rates higher than last week; ARMs fell
As of October 11, 2026, mortgage rates have increased for both the 30-year and 15-year fixed mortgages, while the 5/1 adjustable-rate mortgage (ARM) has decreased. The current average rates are 7.44% for 30-year fixed, 6.77% for 15-year fixed, and 7.28% for 5/1 ARM. Refinance rates are also provided, with 30-year fixed refinance rates at 7.37%. The article discusses the differences between fixed-r... more
Oct 11, 2026 2:30 AM
— Mortgage Rates
Home Sellers Are Starting to Blink on Prices. That’s Bad for Builders.
Home builders are facing challenges as mortgage rates exceed 7%, causing homeowners to reassess their home values and potentially leading to more competition from existing home sales. This shift could negatively impact builders' profit margins, which have already been reduced in recent years.
Oct 11, 2026 12:00 AM
— Mortgage Rates
MBA Forecast: Mortgage Originations to Decrease 5 percent in 2027 as Mortgage Rates Remain Above 7 Percent
The Mortgage Bankers Association (MBA) announced at its 2026 Annual Convention that total single-family mortgage origination volume is expected to decrease by 5% to just under $2 trillion in 2027, with a significant decline in refinance originations projected. Economic growth is forecasted at 1.8%, influenced by high interest rates and inflation pressures. Mortgage rates have surged to the highest... more
Oct 10, 2026 3:05 PM
— Mortgage Rates
Have mortgage rates peaked, or will we see even more chaos?
The article notes that October still has several uncertainties that could affect mortgage rates but provides no further details.
Oct 10, 2026 3:00 PM
— Mortgage Rates
Have mortgage rates peaked, or will we see even more chaos?
The article discusses the current state of bond volatility, which has kept the 10-year yield around the critical level of 5.35%. Mortgage rates are currently at 7.48%, with spreads widening to 2.12%. Despite fluctuating economic conditions, the 5.35% yield has stabilized for now, raising questions about whether mortgage rates have peaked for 2026 or if they could rise to 8% or more in the near fut... more
Oct 10, 2026 12:26 PM
— Mortgage Rates
Mortgage rates rise for seventh straight week, squeezing homebuyers
Freddie Mac reported that the average 30-year fixed mortgage rate rose for a seventh consecutive week, reaching 7.4%, while the 15-year rate increased to 6.73%. Rising 10-year Treasury yields, inflation expectations, bond-market selling, and federal borrowing needs are contributing to higher mortgage costs. The elevated rates are weighing on housing demand, while home prices have fallen and invent... more
Oct 10, 2026 12:26 PM
— Mortgage Rates
Mortgage rates rise for seventh straight week, squeezing homebuyers
Mortgage rates have increased for the seventh consecutive week, with the average rate for a 30-year fixed mortgage rising to 7.4%. This increase is attributed to rising 10-year Treasury yields, inflation expectations, and a bond market selloff. Consequently, the housing market is experiencing a decline in pending home sales and price reductions as high rates discourage buyers, particularly affecti... more
Oct 10, 2026 1:46 AM
— Mortgage Rates
Mortgage News Delivered Daily from HousingWire
HousingWire's coverage of the mortgage news highlights the current changes in the housing market, focusing on the impact of Federal Reserve policies on mortgage rates and the broader economic landscape. As we approach 2023, analysis shows that the economic conditions may evolve, particularly regarding potential job losses. Moreover, innovations in mortgage lending, such as loanDepot's launch of an... more
Oct 9, 2026 3:03 PM
— Mortgage Rates
Redfin predicts major housing market change over the next five years as debt-income ratios shift
Redfin predicts that housing costs could return to 'normal' within five years, referencing August 2018 levels of housing affordability based on a mortgage-payment-to-income ratio. Current high mortgage rates, which averaged 7.40% in October 2023, have made homeownership increasingly difficult for many Americans. Redfin outlines four scenarios for housing costs to normalize, suggesting a potential ... more
Oct 9, 2026 1:41 PM
— Mortgage Rates
High Mortgage Rates Push Lumber Prices Lower Again
Rising mortgage rates are reducing housing demand, evidenced by a 4.2% drop in mortgage applications, the lowest since January 2025, alongside the average 30-year fixed mortgage rate reaching 7.49%. This decline in housing activity is leading to lower lumber prices, currently at $527 per thousand board feet, due to reduced demand from construction. Additionally, trade policies are adding uncertain... more
Oct 9, 2026 1:39 PM
— Mortgage Rates
Another Nice Round Trip For Bonds--Especially MBS
The article discusses the relatively calm market conditions, noting that while there were no significant events or data, there were noteworthy movements in bond prices. Bonds initially lost ground but recovered by the end of the day, with mortgage-backed securities (MBS) outperforming Treasuries. Despite yields remaining high, the market showed signs of bouncing back, though there is uncertainty a... more
Oct 9, 2026 1:32 PM
— Mortgage Rates
Weak jobs report eases pressure on fixed mortgage rates
The article discusses a recent downturn in Canada's job market, resulting in significant job losses and increased unemployment, which have reduced the likelihood of a near-term interest rate hike by the Bank of Canada. Consequently, bond yields have decreased, easing pressure on fixed mortgage rates, which have recently risen. As a result, mortgage shoppers are currently facing higher starting rat... more
Oct 9, 2026 1:30 PM
— Mortgage Rates
The Winners & Losers of Higher Interest Rates
The article discusses the effects of rising interest rates on different segments of the economy. While higher rates benefit certain groups, such as retirees and those with locked-in lower rate debts, they pose significant challenges for homebuyers, especially given the current high housing prices. The article details the adverse impacts on both housing market activity and potential future inflatio... more
Oct 9, 2026 1:29 PM
— Mortgage Rates
Weak jobs report eases pressure on fixed mortgage rates
Canada's job market has experienced significant job losses and rising unemployment for the second consecutive month, reducing the likelihood of a near-term rate hike by the Bank of Canada. In response, bond yields have fallen, easing pressure on fixed mortgage rates, which have recently increased by about 50 basis points since mid-September. Current rates for fixed and variable mortgages are outli... more
Oct 9, 2026 12:00 PM
— Mortgage Rates
Mortgage rates hit 18% in 1981. Here's how that compares with buying a home today
The article compares mortgage affordability between 1981 and 2026, noting that while the peak mortgage rate in 1981 was 18.63%, today's average is 7.28%. Despite lower rates today, home prices have outpaced income growth, making it harder for buyers currently. In 1981, the average new home cost about $83,700 (approximately $298,300 today), and buyers spent around 64% of their income on mortgage pa... more
Oct 9, 2026 12:00 PM
— Mortgage Rates
Mortgage rates hit 18% in 1981. Here's how that compares with buying a home today
In fall 1981, 30-year fixed mortgage rates peaked at 18.63%, marking a record high in Freddie Mac's survey, which has been ongoing since 1971. As of October 1, 2026, the average rate is 7.28%, which seems lower in comparison. However, over the past 45 years, home prices have significantly increased compared to household incomes, raising the question of whether purchasing a home was more challengin... more
Oct 9, 2026 11:54 AM
— Mortgage Rates
Mortgage Rates Officially at 2 Week Lows
Mortgage rates have dipped slightly to an average of 7.48% for a 30-year fixed rate loan, marking the lowest level since September 25. This decrease occurred despite a weaker underlying bond market, as some lenders adjusted rates following a late rally. However, rates remain significantly higher than they were at the end of August, when they were at 6.75%.
DISCLAIMER: LoanGlass (previously known as mortgage-rates.ai) is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. LoanGlass is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
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