Wire

If you've seen contradictory headlines about mortgage interest rates today, that's because rates are in an unusual spot. Where rates have been, where they are right now, and where they could go are three separate, but related, stories.Let's start with where rates have been. The average rate on a 30-year fixed-rate mortgage rose 13 basis...

Wire

Mortgage rates are likely to remain relatively stable in May. There's no doubt that we'll have daily ups-and-downs, but a major dive is unlikely to happen. (My apologies to anyone hoping 5% rates would be back on the table anytime soon.) On the plus side, we're unlikely to see a spike unless there are major...

Wire

The Federal Reserve’s decision Wednesday to keep its benchmark interest rate steady is unlikely to budge mortgage rates for a couple of reasons.For starters, the Fed’s latest decision was about as surprising as your picky eater ordering chicken tenders off the kids’ menu. Mortgage markets saw it coming and already priced in a monetary policy...

Wire

Mortgage interest rates edged modestly lower this week as the Iran ceasefire was extended. Day-to-day we've seen rates rise and fall, but the moves have been small enough that rates are more or less stable.The average rate on a 30-year fixed-rate mortgage fell to 6.10% APR in the week ending April 23, according to rates...

Wire

Mortgage interest rates improved slightly this week, though that's not much comfort given the state of the world. In truth, it's actually a sign of how negative the economic outlook's becoming.The average rate on a 30-year fixed-rate mortgage fell to 6.25% APR in the week ending April 9, according to rates provided to NerdWallet by...