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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

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The last time the 30-year mortgage rate topped 7% was in January 2025, according to Freddie Mac data.

From MarketWatch Jul. 23, 2026

The volume of mortgage rate locks rose in June to its highest level in more than three years, signaling a potential pickup in home sales.

From The Wall Street Journal Jul. 10, 2026

The median price of an existing US home reached a record $440,600 in June, while the average 30-year mortgage rate stood at 6.49 percent.

From Barron's Jul. 10, 2026

According to Optimal Blue, mortgage rate lock volume in June increased 14% from a year earlier and 10% from May.

From The Wall Street Journal Jul. 10, 2026

In some cases, wealthy buyers can get a cheaper mortgage rate from a lender with whom they have an existing relationship.

From MarketWatch Jul. 9, 2026

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