mortgage rate

British

noun

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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The weekly average mortgage rate rose to 6.11% last week, the highest level since the start of 2026, as inflation jitters and the war in Iran rattled markets.

From The Wall Street Journal • Mar. 20, 2026

The average 30-year fixed mortgage rate rose to 6.14%, a 0.15 percentage point increase from 5.99% last week.

From Barron's • Mar. 8, 2026

It might not be buyers’ last chance at a mortgage rate that starts with a 5—but expect plenty of bumps ahead.

From Barron's • Mar. 8, 2026

Because the rate serves as a peg for home loans, it helped pull the 30-year mortgage rate below 6% for the first time since 2022.

From MarketWatch • Mar. 2, 2026

Find insight on the U.S. housing market, weekly average mortgage rate, Bitcoin and more in the latest Market Talks covering Financial Services.

From The Wall Street Journal • Mar. 1, 2026

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023