the average rate for a 15-year fixed mortgage is 6.31%, whereas the average 30-year fixed rate is 6.99%, according to data from CNET sister site Bankrate. Mortgage rates started rising in early ...

Twenty-year fixed-rate mortgage rates are at 6.75% as of April 12, 2023, according to Bankrate, CNET’s sister site. Mortgage rates are near their highest levels in 20 years after consistently ...

As homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39% as of May 1, according to Bankrate’s survey of large ...

Getting a home loan can be tougher for when you're in retirement, or just older. Here's the lowdown on mortgages for seniors: how to get one.

How are mortgage interest rates determined? What moves them? And what can you do to get the lowest rate? Bankrate explains all. To arrive at the rates above, we added 50 basis points to the average ...

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.

The Federal Reserve held rates steady at the end of its two-day meeting Wednesday, delaying the start of rate cuts and any relief from sky-high borrowing costs. For consumers, it generally won't get ...

Real estate investor Grant Cardone highlighted a striking rise in mortgage rates under President Joe Biden's administration in a May 3 post on X. "Under Joe Biden's administration, mortgages have ...

Much-anticipated interest rate cuts keep getting delayed in early 2024, as the Fed sees more reason to worry about ongoing inflation.

The Federal Reserve signaled that it will keep interest rates higher for longer amid stubborn inflation, keeping borrowing costs elevated for Americans.