Mortgage Rates


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(Photo Illustration by The Real Deal with Getty Images)
National

Mortgage rates jump, but so do applications

Volatility in the housing market has produced an oddity: mortgage rates and mortgage demand increasing side-by-side. The average contract interest rate for a 30-year fixed-rate mortgage last week was 6.25 percent, according to the...

Mortgage rates jump, but so do applications
Mortgage rates hit 6%
National

Mortgage rates hit 6% and applications drop again

Halloween’s not until next month, but home buyers are already in for a fright: The average rate on a...

Mortgage rates hit 6% and applications drop again
(Photo Illustration by The Real Deal with Getty Images)
National

Mortgage rates hit 14-year high

Mortgage rates hit yet another new high and may continue to rise as the Federal Reserve looks to tackle inflation. The average rate on a 30-year fixed mortgage hit 5.89 percent this week, according...

Mortgage rates hit 14-year high
A photo illustration of rising mortgage application rates (Photo Illustration by The Real Deal with Getty Images)
National

Mortgage applications tick up after Fed rate hike

A rate hike from the Federal Reserve awakened mortgage demand from its month-long slumber. Loan application volume rose 1.2...

Mortgage applications tick up after Fed rate hike
Watch: behind the wild and crazy housing market
National

Watch: What’s behind the wild and crazy housing market?

It’s been a pretty crazy time for homebuyers and renters. Rents have been rising consistently since 2020. Vacancies are...

Watch: What’s behind the wild and crazy housing market?
(Getty)

Broken record: Mortgage demand hits (another) 22-year low

Mortgage aficionados are becoming awfully familiar with 2000 as demand keeps cratering to Y2K levels. For the week ending...

Broken record: Mortgage demand hits (another) 22-year low
LoanDepot's Anthony Hsieh
National

LoanDepot laying off thousands

Another lender is resorting to layoffs as the mortgage market shrivels. Tucked in near the end of a business plan released Tuesday morning, loanDepot announced it would shed 4,800 people, or 42 percent of...

LoanDepot laying off thousands
JPMorgan Chase's Jamie Dimon and Better.com's Vishal Gar (Getty Images, iStock, Scott Rosenthal/CC BY-SA 4.0/Wikimedia Commons)

Bloodbath: Mortgage industry keeps cutting staff

The giant sucking sound in the home loan industry grew louder Wednesday when Sprout Mortgage told employees it’s going...

Bloodbath: Mortgage industry keeps cutting staff

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