Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.26%, down slightly from 6.33% the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

The Federal Reserve cut rates last week for the third time this year, trimming its benchmark rate by a quarter-point in its final meeting of 2025. Even though that cut was widely expected, mortgage rates remain above their 2025 lows, according to Bankrate’s national survey of lenders. However, they’re not too far off the recent low of 6.25%.

A new report released Monday provides homebuyers with comprehensive information on average mortgage rates across various loan types. The data aims to help prospective homeowners make informed decisions when selecting financing options during their house ...

The latest Fed rate cut has pulled mortgage rates down further from this year's highs, improving affordability.