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1 week ago | 
investopedia.com | Sabrina Karl
The states with the cheapest 30-year new purchase mortgage rates Tuesday were California, New York, Florida, New Jersey, Ohio, Pennsylvania, North Carolina, Tennessee, Texas, and Washington. The ten states registered averages between 6.86% and 6.94%. Meanwhile, the states with the highest Tuesday rates were West Virginia, Alaska, Maryland, Missouri, North Dakota, Rhode Island, Vermont, Maine, and Wyoming. The range of averages for these states was 7.03% to 7.05%.
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1 week ago | 
investopedia.com | Sabrina Karl
Key TakeawaysThe full article continues below these offers from our partners. A Dramatic and Unexpected Week for Treasury Yields and Mortgage Rates Mortgage rates are notoriously difficult to predict, as they're determined by a complex interaction of various macroeconomic and industry factors. However, the movement of one particular metric, the 10-year U.S. Treasury yield, can generally be relied on as a direct precursor to movement in fixed mortgage rates.
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1 week ago | 
investopedia.com | Sabrina Karl
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1 week ago | 
investopedia.com | Sabrina Karl
The states with the cheapest 30-year new purchase mortgage rates Friday were New York, Florida, Colorado, Georgia, North Carolina, New Jersey, and Tennessee. The seven states registered averages between 7.03% and 7.12%. Meanwhile, the states with the highest Friday rates were Alaska, Washington, D.C., North Dakota, West Virginia, Rhode Island, South Dakota, and Wyoming. The range of averages for these states was 7.19% to 7.25%. Mortgage rates vary by the state where they originate.
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2 weeks ago | 
investopedia.com | Sabrina Karl
The states with the cheapest 30-year new purchase mortgage rates Wednesday were New York, Minnesota, Tennessee, Florida, Texas, North Carolina, and Pennsylvania. The seven states registered averages between 6.98% and 7.03%. Meanwhile, the states with the highest Wednesday rates were Alaska, Montana, West Virginia, Louisiana, North Dakota, Nevada, and Vermont. The range of averages for these states was 7.11% to 7.12%. Mortgage rates vary by the state where they originate.
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2 weeks ago | 
investopedia.com | Sabrina Karl
The 30-year mortgage rate average surged Monday, climbing to 6.85%. The flagship average had been steadily retreating from a six-week high notched in late March-but it's now returned to that level in a large, one-day jump. Rates rose for almost all other mortgage types as well Monday. For daily change information and many more loan types, see detailed table later in this article.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Key TakeawaysThe full article continues below these offers from our partners. Mortgage Rates Moved Lower Last Week Mortgage rates provided one glimmer of positive financial news last week, amidst the market chaos triggered by President Trump's mid-week tariff announcement. After rising three of the four previous weeks, rates on new home loans saw declines almost across the board on a Friday-over-Friday basis.
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2 weeks ago | 
investopedia.com | Sabrina Karl
Rates on 30-year refinance mortgages inched up slightly Thursday, ticking up 3 basis points to return to a 6.95% average. Extending a relatively flat pattern below 7%-a threshold last crossed in February-rates are currently near their cheapest level since March 12. The average is also significantly improved vs. this year's high-water mark of 7.30%, registered in January. Still, today's rates are almost a quarter percentage point above the 2025 low of 6.71%.
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3 weeks ago | 
investopedia.com | Sabrina Karl
Rates for new 30-year loans have been wavering in an elevated range the last three weeks-and just nudged a bit higher, averaging 6.85%. Rate movement was mixed across other mortgage types. Since rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly, no matter the type of home loan you seek.
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1 month ago | 
investopedia.com | Sabrina Karl
After sinking 10 days ago to their cheapest level since October, rates on 30-year refinance mortgages have been rising. The average edged 4 basis points higher Friday, following a prior two-day increase of 16 points. The new average of 6.98% is now more than a quarter percentage point above the recent low of 6.71%. Although still improved vs. a 2025 peak of 7.30%, registered in mid-January, current 30-year refinance rates remain elevated compared to September's plunge to a two-year low of 6.01%.
