Fed cuts interest rates again
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The average mortgage interest rate on a conventional 30-year term is 6.12% as of December 9, 2025, according to Zillow. That marks a slight jump from the 5.99% rate that was available over the last week, approximately. The average rate on a 15-year term, however, remained the same overnight, sticking at 5.37%.
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Current mortgage rates
Mortgage rates moved higher yesterday. According to Money’s daily survey, the average rate on a 30-year fixed-rate loan increased by 0.037 percentage points to 6.484%. Rates have been trending higher all week as market analysts and investors anticipated the 0.
MILLIONS of households will breathe a sigh of relief next week as interest rates are expected to be cut further. The Bank of England is widely predicted to cut its base rate from 4% to 3.75%. The
The chances of a mortgage interest rate drop this December are rising. Here's everything to consider right now.
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home's value and pay that amount back in monthly installments.
A slumping job market could bring mortgage relief at last. The high mortgage rates dashing your dreams of homeownership appear to be moving. So whether buying a first home, splurging on a vacation getaway, or refinancing your current nest, keep an eye on ...
The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama. The 11-1 decision supported by Fed Chair Jerome Powell and a majority of the Federal ...
Mortgage brokers may offer rates that are lower than a bank's posted or discounted rates. Browse the table below and click the 'Explore Quote' button to start a conversation with a mortgage broker, if something catches your eye. Homewise Mortgage ...