After steadily rising for a full week, 30-year mortgage rates have reversed course and slipped lower the last two days. Rates have dropped for many other loan types as well.

While mortgage rates have fallen, they remain well above the rates enjoyed by most current homeowners, who may be reluctant to put their homes on the market and risk a much higher rate on their next mortgage. In turn, the market could continue to suffer from a lack of supply, making options limited and prices sticky.

The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025. Analysts expect the Bank's Monetary Policy Committee to announce further cuts later in the year.

As it turns out, buyers who anticipated a mortgage rate drop last fall when the Fed began rate cuts didn’t see the results they expected. This outcome served as a reminder that Federal Reserve ...

MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During today’s meeting of the Monetary Policy Committee

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.