Mortgage markets are sending a clear, frustrating signal to homebuyers. Mortgage rates have ticked up even though the Federal Reserve recently cut its policy rate. That feels like a paradox. But markets and mortgages often move for different reasons. This story explains why rates rose, who is hit hardest, and what experts expect next. Mortgage…
Mortgage rates in the U.S. have dropped to levels we haven’t seen in almost three years. The average 30-year fixed mortgage now sits around 6.13%, a sharp fall that is catching many by surprise. We are entering a moment where both borrowers and market watchers are paying close attention. Why? Because this dip comes just…
The average U S 30-year fixed mortgage rate is now around 6 .63 %, its lowest since April 2025, according to Freddie Mac data for the week ending August 7 2025. That’s a mild relief but still above the much-hoped-for 6 % mark. Why is it not at 6 % yet? Mortgage rates tend to…