Current Mortgage Interest Rates on Jul. 16, 2025
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Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77%; Applications for a mortgage to
Mortgage application volume tumbled last week as rising interest rates — nudged higher by fresh tariff concerns — put the brakes on both refinance and purchase activity, according to the Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey.
Stubbornly high mortgage rates have left leery homeowners and potential home buyers reluctant to take the plunge, according to a new Bankrate survey.
A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
BARCLAYS, Nationwide, Skipton Building Society and TSB have all slashed mortgage rates this week, kicking off a price war among high street lenders. More and more deals are dipping below 4%,