The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.

We analyzed mortgage reviews on 10 major financial sites to find out which providers landed on the most “best mortgage” lists

Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.

With interest rates for fixed rate mortgages in the high sixes, buyers wonder whether an adjustable rate may be better.

After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.

In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just above 16 percent. The average 30-year fixed rate bottomed in 2021 at just under 3 percent.