The Federal Reserve slashed rates by an unexpected 50 basis points today. Here's how that could impact mortgages.

U.S. mortgage rates declined last week to the lowest level since September 2022 in anticipation of Federal Reserve interest-rate cuts, stoking an influx

The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.

Mortgage rates on 30-year rates crossed a major threshold, declining to their cheapest level since early 2023. 15-year mortgage rates also dropped sharply, eclipsing the previous 19-month low.

The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 16, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 4.990%, which is 0.010 percentage points lower than on Friday.

The Federal Reserve is set to issue its first rate cut since 2020 this week. Here's what it means for mortgage rates.

Mortgage refi rates for 30-year loans dropped to their lowest level since early 2023. Refi rates have been declining steadily for the past few weeks.

The rate for the most popular home loan fell 14 basis points in the week ended Sept. 13 to 6.15%, marking the lowest rate since September 2022, the Mortgage Bankers Association said on Wednesday. The rate also fell 14 basis points during the previous week.

Mortgages interest rates have fallen into the low 6% range this summer, and some experts say more declines probably are around the corner.