The 15-year FRM averaged 5.58%, down from 5.65% one week prior. At this time in 2025, it averaged 5.94%. While you can't ...
Both Chase and Wells Fargo had a 15% reduction quarter-to-quarter in mortgage originations, more than the industry forecast for a 6% drop-off, Keefe, Bruyette & Woods noted.
With high mortgage rates and a limited inventory of homes to contend with, it can be difficult to find affordable options.