Mortgage rates retreat slightly this week
Mortgage rates dropped a bit lower this week.
Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
From 2019 through 2025, Jeff served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
Jeff is the author of How to Buy a Home in a Miserable Market, available in paperback and e-book on Amazon.
When you’re applying for a mortgage, shop around and do your homework — informed borrowers can save thousands of dollars over the life of their loan. Don’t fixate on finding the absolute perfect option, though, or timing your loan to a low point for mortgage rates. If you’re borrowing now, mortgage rates could go down in the future. Avoid worrying about all those things that are both out of your control and impossible to predict.
Mortgage rates dropped a bit lower this week.
As they struggle to persuade Americans to buy new homes, homebuilders have leaned hard on a new tactic: Builders’ mortgage arms are wooing consumers with cut-rate home loans. The average mortgage rate [...]
Mortgage rates edged back down a bit lower this week.
Mortgage rates reversed course to edge a bit higher this week.
The median first-time homebuyer is 10 years older than they were 15 years ago. It’s another sign of the home affordability problem.
Mortgage rates hit their lowest level of the year after another Fed cut.
It can be a route to homeownership for those with lower incomes.
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