New data shows more homeowners now have mortgage rates above 6% than below 3%, challenging the mortgage rate lockdown theory.

Update: This story has been updated with the latest low mortgage rate from Tuesday, Sept. 16. Mortgage rates dropped to a new yearly low on Tuesday, dropping as low as 6.13% according to Mortgage News ...

After years of elevated borrowing costs, mortgage interest rates have just taken a sharp turn lower, and homeowners and buyers are taking notice. According to the latest rate data from the Mortgage ...

Home equity loan interest rates, already on a slow but consistent decline for much of the last 18 months, fell to a new 2025 low this week. Now at an average of just 8.23%, home equity loan rates are ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. But rates are ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. H-Gall / Getty Images Rates on 30-year mortgages fell 7 basis points Wednesday, ...

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 ...