The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77%; Applications for a mortgage to

Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.

The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

Mortgage application volume tumbled last week as rising interest rates — nudged higher by fresh tariff concerns — put the brakes on both refinance and purchase activity, according to the Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey.

Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications up 40% versus a year ago.

After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could cost you on your monthly payment.

A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.