The current median interest rate is 6.13% for a 30-year fixed-rate mortgage and 5.38% for a 15-year fixed-rate mortgage Senior editor, Buy Side from WSJ Reina Marszalek is a senior editor ...

"Looking ahead, the Fed’s wait-and-see approach is likely to keep mortgage rates at a high-6% in the near term, unless major ...

A point typically costs 1% of the loan amount and can reduce the interest rate by 0.25 percentage points. Mortgage rates have been trending lower after hitting a high of 7.08% last November.

Mortgage rates tumbled to a 15-month low this week, prompting a flurry of refinancing activity, although buying a home will likely remain tough for a while. Rates are still significantly higher ...

But there's a lot of uncertainty in the economic outlook right now, especially regarding tariffs, which makes it hard to say for sure how rates will trend. Are interest rates going down?

In the thick of economic uncertainty and high interest rates, adjustable-rate mortgages are making a comeback ... they couldn't afford after those teaser introductory rates expired.

Refinancing your mortgage means swapping your current interest rate for a new one. This is typically done if rates have fallen a good amount since you took out a home loan or last refinanced.

Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. This was considerably less than economists and financial markets had forecast at ...