The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
The “Trump trade” is likely to keep rates for home loans rising, despite the Federal Reserve's Thursday rate cut ... at least in the short term, that mortgage rates are going to go higher.” The ...
CBS News on MSN3d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.At a Thursday press conference to discuss the decision ... when the federal funds rate was at its highest in more than two ...
CNET on MSN3d
Why Today's Fed Cut Won't Bring Lower Mortgage RatesThe Federal Reserve reduced interest rates on Thursday, but experts say rates on home loans won't fall by the same amount.
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since ...
Rates for 30-year mortgages experienced their biggest decline since August on Thursday, notching a 6.81% average. This is after reaching their highest rate since the 4th of July weekend on the ...
Mortgage interest rate have been on the rise, pushed higher by strong economic data and the possibility Donald Trump could ...
The rate rose to 6.72 percent from 6.54 percent last week, mortgage buyer Freddie Mac said Thursday. That’s still down ...
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...
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