Mortgage Rates Drop as Credit Unions Lead Lending Survey
A Yahoo Finance survey shows mortgage rates falling, with six top lenders offering rates below 6%. Navy Federal Credit Union leads with 5.488% APR.
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A Yahoo Finance survey shows mortgage rates falling, with six top lenders offering rates below 6%. Navy Federal Credit Union leads with 5.488% APR.
Movement Mortgage, a national lender, draws attention for not publishing sample rates online and scoring low on 2024 rate and cost metrics while offering extensive loan products and community investment.
Mortgage rates remain in the low-6% range, with economists offering mixed predictions for 2026. Experts cite inflation and other factors as key to future rate movements.
The Bureau of Labor Statistics released December's Consumer Price Index, showing a 2.6% annual rise in core inflation. This figure matched September and November levels, indicating stagnant inflation unlikely to prompt immediate Federal Reserve action on interest rates.
Analysis reveals eight key strategies for obtaining lower mortgage rates in 2026, including credit score improvement, larger down payments, and discount point purchases, based on current market data.
Mortgage rates have declined after President Trump's plan to ease home affordability. Zillow reports a 30-year average of 5.86%, down 19 basis points, with a Yahoo Finance survey noting lenders offering rates near or below 5.5%.
Average rates for home equity lines of credit and loans remain near 7.5%, offering homeowners an affordable way to access cash without refinancing primary mortgages.
Mortgage rates have increased from recent lows but remain below 6%, with the average 30-year fixed rate at 5.93% and the 15-year fixed at 5.40%, according to Zillow data.
National average HELOC and home equity loan rates have fallen to 7.25% and 7.56% respectively, making them more affordable for homeowners with high equity.