There's a lot to consider for both homebuyers and homeowners looking to refinance now. Here's everything to know.

The 30-year fixed-rate mortgage remains the most popular home loan by a wide margin. Roughly 90% of homeowners with a mortgage have a 30-year fixed-rate mortgage, according to Freddie Mac. But before you lock in a 30-year rate and sign on the dotted line,

Economist Larry Summers said mortgage rates were “considerably more likely to rise than fall” as the federal deficit grows.

Think you know everything there is to know about mortgage rates? Here are three surprising facts you may have missed.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.19%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.27%. On a 30-year jumbo mortgage, the average rate is 6.

Better reports a government shutdown may lower mortgage rates but introduces processing delays, especially for FHA and VA loans.

Trump administration officials have cited personal mortgage files to blast adversaries of the White House. President Donald Trump’s administration is using personal mortgage files to investigate, criminally refer and indict its enemies for fraud, zeroing in on people who appear to claim multiple homes as primary residences.

The latest inflation report may or may not have an adverse impact on mortgage rates. It's too soon to tell definitively. But it won't help ease the Fed toward additional rate cuts, and it could complicate the mortgage rate climate more than it already is.