An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were “misled.” ...

The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, ...

Tariffs, the Fed and mortgage rates The central bank is responsible for ensuring full employment and controlling inflation, mainly by setting short-term interest rates for banks.

Vault's current mortgage rates are national averages that reflect broader economic conditions, like employment trends and inflation.

Mortgage rates are a little higher this week compared to last week, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.86%, according to Bankrate.