Ahead of the Federal Reserve's October rate cut, mortgage rates fell to the lowest levels in over a year. Looking forward, it's unclear whether this downward trend is sustainable.

The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday, Oct. 29. The bankers had shifted into rate-cutting mode back in September ...

And as rates decline, refinancing activity rises: Refinance applications rose 111% compared to the same week last year, according to the latest Mortgage Bankers Association’s weekly application survey ...

Average weekly mortgage rates are below 6.2%, and they could drift even lower if the Federal Reserve keeps trimming its ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering ...