With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.

Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7%, while purchase app

The lowest interest rate recorded for a 15-year mortgage was 2.10% in July 2021, according to Freddie Mac Note that this rate was for purchase mortgages. The average rate for a 15-year refinance ...

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

With interest rates paused mortgage refinancing may be worth it for some homeowners. Getty Images Homeowners looking to refinance in 2023 have mostly found themselves sitting on the sidelines.

Current refinance rate trends. Late last year, mortgage rates climbed back into the 7% range after the Federal Reserve said it would adopt a slower pace of interest rate cuts in 2025 due to ...

Tariffs are pushing 10-year Treasury yields higher—here’s why that could mean bad news for your mortgage refinancing plans and long-term borrowing costs.