
What happens to mortgage rates in a recession?
Here’s what we know from past cycle turns.
3 min read
May 19, 2025
Peter G. Miller is a contributing writer at Bankrate. Peter writes about mortgage rates and home buying.
Here’s what we know from past cycle turns.
For borrowers with credit dings or unusual financials, manual underwriting can be key.
Have credit issues in your past? You still might qualify for a home loan.
To mortgage or not to mortgage? Here’s what to consider.
In short, without guaranteed mortgages, there would be a lot fewer home sales.
Imagine a mortgage with a fixed interest rate, but a monthly payment that varies.