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mortgage rate

British  

noun

  1. the level of interest charged by building societies and banks on house-purchase loans

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The 30-year mortgage rate for jumbo loans — mortgages that exceed conforming balances of $832,750 — also rose to 6.72%, up 2 basis points from a week prior.

From MarketWatch Aug. 5, 2026

Freddie Mac reported that the 30-year fixed mortgage rate rose to 6.66% this week, marking its highest level in a year.

From The Wall Street Journal Jul. 30, 2026

A hold would mean monthly repayments for homeowners on a tracker mortgage rate would be unchanged.

From BBC Jul. 29, 2026

Now the question is whether the 30-year fixed-rate mortgage rate will go back up to 7%.

From MarketWatch Jul. 23, 2026

The average 30-year fixed mortgage rate climbed to 6.55% this week, its highest level in nearly a year, according to Freddie Mac, as stubbornly high financing costs continued to weigh on the housing market.

From The Wall Street Journal Jul. 16, 2026

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