Mortgage rates forecast: Could rates hit 7% again by 2027 amid high inflation?
Mortgage rates may fall over the next five years, but they could also go back to 7%. A main forecast expects the average 30-year fixed mortgage rate to be around 6.05% in 2027. Mortgage rates could reach 7% again by 2027 if inflation stays high.…
UK mortgage approvals fall to lowest level since January 2024 as housing demand weakens
UK mortgage approvals for home purchases hit a new low, highlighting a weakened demand in the housing market amid rising borrowing costs. Mortgage approvals for house purchases in the UK fell to their lowest level since January 2024 in July, signalling…
Should you pay off your mortgage early? 1 in 4 homeowners make extra payments — here’s when it makes sense
About 1 in 4 mortgage borrowers are making extra payments on their home loans, according to a recent analysis from Rocket Mortgage. The Rocket Mortgage analysis looked at payments made by its customers over the past five years. It found that at least 25%…
Mortgage refinance rates today: 30-year, 20-year, 15-year and jumbo rates explained
The average interest rate for a 30-year fixed-rate mortgage refinance is 6.76%. The rate is almost unchanged from last week. A borrower refinancing $100,000 at this rate would pay about $649 per month in principal and interest. Mortgage refinance rates…
A London apartment burned down in 2024 and left more than 80 people homeless; two years later, one owner says she is still paying the mortgage on a home that no longer exists
“We’re still just stuck waiting for other people to make decisions about our future,” leaseholder Sarah Williams says [BBC] Former residents of a London apartment block destroyed in a major fire are still paying monthly mortgages on…
Mortgage rates rise again: 30-year hits 6.73%, 15-year and jumbo rates climb
Mortgage rates went up this week, making home loans slightly more expensive for buyers. The average rate for a 30-year fixed mortgage rose to 6.73%, from 6.63% last week. This means the rate increased by 0.10 percentage points in one week. Mortgage rates…
Mortgage rates drop despite bond market turmoil: Why rates may rise again in coming weeks
Mortgage rates fell slightly last week despite a big jump in bond market volatility. The average 30-year fixed mortgage rate was 6.65% this week through Wednesday, down from 6.67% a week earlier, according to Freddie Mac. The small drop came during a…
Mortgage rates today: 30-year, 15-year, ARM rates and refinance rates on August 17
Mortgage rates today are slightly lower for home buyers than for people refinancing their loans. According to rates from the Zillow lender marketplace, the average 30-year fixed purchase mortgage rate is 6.54% on Monday, August 17, 2026. That is 5 basis…
From renting to buying your first home in the UAE in 2026: 5 real estate trends homeowners should pay attention to
UAE Real Estate 2026: Is now the time for first-time home buyers to enter the market? Property in the UAE in 2026 market is entering a new chapter of demand, innovation and opportunity, with first-time homebuyers playing an important role in reshaping…