Here are the factors that could have a big impact on mortgage rates this fall, experts say. The Federal Reserve is one of the biggest influencers when it comes to the trajectory of mortgage rates, but not in the manner you might expect.

The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.

As investors have bought bonds expecting a Fed rate cut, that's helped mortgage borrowers. But even if the Fed does cut, home loans may not benefit.

Certain missteps during this limbo period can hurt your chances of securing favorable loan terms, experts say.

The Mortgage Bankers Association predicts in its Mortgage Finance Forecast that 30-year mortgage rates will stay flat, starting the year at 6.8% and ending at 6.7%.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.53%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.51%. On a 30-year jumbo mortgage, the average rate is 6.

In what was likely welcome news for aspiring home buyers, the average rate on a 30-year mortgage held at a 10-month low, sitting at “levels from early October 2024,” according to data released Tuesday from Mortgage News Daily.

Fannie Mae's June Housing Forecast says the average rate for a 30-year fixed mortgage will reach 6.5% by year's end. The Mortgage Bankers Association expects rates to stay mostly flat around 6.7% ...

After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...

Buyers are balking at today's stubbornly elevated mortgage rates. Here's why they're not as terrible as they seem.