Mortgage rates drop slightly nationwide as 30-year fixed hits 6.97%. See what today’s averages mean for buyers.

Mortgage rates remain stable but elevated, with the 30-year fixed-rate mortgage rising slightly to 6.89% as of May 29, 2025 — the highest level since early

Our Nerdy take on mortgage rate trends May 28, 2025: Home buyers are hoping for an impactful decline in mortgage rates, but they didn't get it this week. It's a bummer, but home buyers and sellers ...

Rather, mortgage rate trends often precede policy moves by the central bank. More accurately, mortgage rates reflect investor demand for mortgage-backed securities (MBS). These investments, in turn, are influenced by what investors think the Federal ...

When the Fed raises interest rates to control inflation, mortgage rates may increase as well. Housing Market Trends: Supply and demand dynamics in the housing market can also influence mortgage rates.

“When it comes to mortgage rates and inflation, beyond the usual impact of monetary policy and natural inflation trends, we may see additional inflationary pressure from potential tariffs on maj ...

The increase in millennial homebuying intent signals a notable divergence from broader generational trends, suggesting shifting priorities or economic pressures in the largest cohort of American adults.

These are today's mortgage and refinance rates. Mortgage rates have gone up this month as investors wait for clarity on tariffs and the budget.