Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
A year ago, the index stood at 170.5. Key details: The purchase index — which measures mortgage applications for the purchase of a home — rose 1.9% from a week prior. The refinance index fell 1.5% from the previous week. The average contract rate for ...
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
What the Fed rate cut means for mortgage interest rates
F or the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis poin
What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming months.
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
Forbes2h
Understanding The Future Direction Of Mortgage Rates
Mortgage rates are top-of-mind, and for good reason. Buying and selling a house is one of the most consequential financial ...
How Mortgage Rates Will Change in 2025, According to Experts
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
NBC News36m
Mortgage demand stalls as financial markets digest Trump presidency
according to the Mortgage Bankers Association’s seasonally adjusted index. While tiny, the increase marked the first rise ...
What To Expect From Mortgage Rates For 2025
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
SFGate2d
Mortgage Calculator: Here's How Much You Need To Buy a $424,950 Home at a 6.79% Rate
The typical monthly payment on a median-priced $424,950 home at today’s 6.79% mortgage rate is roughly $2,214. (That’s ...
HSBC, Santander, Nationwide, TSB, Virgin Money share major mortgage rate update
It often takes one large lender to prompt a broader shift in mortgage pricing and announcements of rate hikes are now coming ...
US 30-year fixed-rate mortgage rise to four-month high of 6.79%
U.S. mortgage rates increased to a four-month high this week and could rise further amid fears that President-elect Donald ...
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.