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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

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

The daily average mortgage rate hit 6.75% this week, the highest level since July.

From The Wall Street Journal • May 22, 2026

The home was more expensive than the existing homes they had looked at, but the lower mortgage rate made the monthly payments about the same.

From The Wall Street Journal • May 21, 2026

The 10-year Treasury yield, a barometer for mortgage rate movements, increased roughly 0.11 percentage point between Thursday, May 14 and Wednesday, May 20—roughly the period reflected in Freddie Mac’s weekly average.

From Barron's • May 21, 2026

Mortgage News Daily on Tuesday pegged the 30-year fixed mortgage rate at 6.75%, well off 2026’s roughly 6% lows in January and February.

From Barron's • May 19, 2026

If a 0.25% increase in the mortgage rate is not going to meaningfully impact a loan approval or a borrower’s monthly budget, that could also be a case to wait, he said.

From MarketWatch • May 7, 2026

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