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Coverage dated July 27, 2022 to August 3, 2022

Mortgage rates drop below 5% for first time since April

Headline from Local News 8, on the newest of 3 developments

Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April.

Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Mortgage rates fall as fears about the US economy loom

    Headline from Local News 8 ·

  2. Today’s mortgage rates: 30-year rates tumble back below 5%

    Headline from FOX Business ·

  3. Newest

    Mortgage rates drop below 5% for first time since April

    Headline from Local News 8 ·

Read the reports

Reports & sources

18 articles, oldest first.

  1. FOX Business

    Mortgage rates add to recession woes (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates declined from last week to 5.3% as housing demand continues to fall, signaling recession fears are weighing on investors and buyers alike.

  2. Local News 8

    Mortgage rates fall as fears about the US economy loom (opens Local News 8)

    Published

    Local News 8's feed description

    By Anna Bahney, CNN Business Mortgage rates dropped last week as fears grow that the US economy is entering a recession. The 30-year fixed-rate mortgage averaged 5.30% in the week ending July 28, down from 5.54% the week before, according to Freddie Mac.

  3. FOX Business

    Today’s 30-year mortgage refinance rates dive below 5% for first time in 42 days (opens FOX Business)

    Published

    FOX Business's feed description

    Check out the mortgage refinancing rates for August 1, 2022, which are mixed from last Friday.

  4. Insider

    Today's mortgage and refinance rates: August 1, 2022 | Rates down this week (opens Insider)

    Published

    Insider's feed description

    Mortgage rates are lower today compared to last week. Rates have been volatile in recent weeks due to inflation and fears of a recession.

  5. FOX Business

    Still time to save: 30-year mortgage rates linger below 5% (opens FOX Business)

    Published

    FOX Business's feed description

    Check out the mortgage rates for August 1, 2022, which are largely unchanged from last Friday.

  6. FOX Business

    30-year mortgage refinance rates stick below 5% for 2nd day (opens FOX Business)

    Published

    FOX Business's feed description

    Check out the mortgage refinancing rates for August 2, 2022, which are largely unchanged from yesterday.

  7. Insider

    Today's mortgage and refinance rates: August 2, 2022 | Rates drop rapidly (opens Insider)

    Published

    Insider's feed description

    Mortgage rates are down today. Rates have been volatile in recent weeks as the likelihood of a recession grows.

  8. FOX Business

    Today’s mortgage rates: 30-year rates tumble back below 5% (opens FOX Business)

    Published

    FOX Business's feed description

    Check out the mortgage rates for August 4, 2022, which are mixed from yesterday.

  9. FOX Business

    Mortgage rates slide below 5% (opens FOX Business)

    Published

    FOX Business's feed description

    Freddie Mac said mortgage rates fell for a second week, dipping below 5% for the first time since April. A Freddie Mac economist predicts rates will remain variable.

  10. Local News 8

    Mortgage rates drop below 5% for first time since April (opens Local News 8)

    Published

    Local News 8's feed description

    Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April.

  11. Los Angeles Times

    Long-term mortgage rates drop below 5% for the first time since April (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Mortgage rates in the U.S. slipped below 5% for the first time in almost four months, giving borrowers a reprieve after this year’s rapid surge.

  12. Minneapolis Star Tribune

    Long-term mortgage rates under 5% for 1st time in 4 months (opens Minneapolis Star Tribune)

    Published

    Minneapolis Star Tribune's feed description

    The average long-term U.S. mortgage rate fell below 5% for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control.

  13. FOX Business

    30-year mortgage refinance rates dive back below 5% (opens FOX Business)

    Published

    FOX Business's feed description

    Check out the mortgage refinancing rates for August 4, 2022, which are largely down from yesterday.

  14. NBC News

    U.S. mortgage rates drop below 5% for the first time in 4 months (opens NBC News)

    Published

    NBC News's feed description

    This time last year, 30-year mortgages were hovering around 2.77%. Rates peaked in late June when they hit an average of 5.81%.

  15. New Hampshire Union Leader

    Mortgage rates sink below 5% for the first time in four months (opens New Hampshire Union Leader)

    Published

    New Hampshire Union Leader's feed description

    The 30-year fixed mortgage rate, the interest for the most popular home loan product, dropped below 5% for the first time in four months.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Mortgage rates drop below 5% for first time since April | Since Then