The average mortgage refinance rate on a 30-year term is now 6.75%, as of January 8, 2026, according to Zillow. The median refi rate for a 15-year term increased overnight, moving from 5.50% to 5.72%.

Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively ...

Mortgage rates saw significant improvements in 2025, but will that continue this month? Here's what to know now.

Fed Chair Jerome Powell, with whom Trump has been at odds, will see his term end in May, giving Trump the power to install a ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Investopedia / Photo ...

WASHINGTON, DC - DECEMBER 13: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC. The ...

WASHINGTON, DC - JULY 30: Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington ...

The mortgage real estate investment trust (mREIT) industry is witnessing a rebound thanks to declining mortgage rates. This has resulted in improvement in purchase originations and refinancing ...

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...

Those investors who were hoping that the Federal Reserve's decision to lower interest rates by 1 percentage point at the end of 2024 would mean more stock-market-friendly cuts in 2025 have been ...