Explore current mortgage rates and what they mean for homebuyers.

But some homebuyers may not even have to wait for that cut to be made official, as mortgage rates could drop before the December Fed meeting even concludes. Below, we'll detail the reasons behind this potential dynamic and what buyers may want to do right now to prepare. Start by seeing how low your current mortgage rate offers are here.

Mortgage rates remain near 6% as the Fed is expected to cut rates by 25 bps, with experts predicting minimal impact on home loans.

It's been a frustrating period for those who have been priced out of the housing market due to high mortgage rates and home prices. Mortgage rates remain significantly higher than those from 2021, and prices for both new and existing homes have surged.

The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term mortgage rate fell to 6.23% from 6.

To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to say, complete with sample sentences that you can use as you kick off a refinancing conversation with a loan officer or mortgage broker.

Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing affordability, Joseph Lavorgna, a counselor to U.S. Treasury Secretary Scott Bessent,

Mortgage rates moved slightly lower last week after rising for much of the past month, but it wasn't a big enough move to impact mortgage demand.