Mortgage Rates Fell, Then Rose. What Comes Next?
2 days ago · Mortgage rates fell steadily from this spring through September, as economic data slowed and as investors began to expect a steady string of interest rate cuts from the Federal Reserve. But the ...
What the Fed rate cut means for mortgage interest rates
5 days ago · November 7, 2024 / 2:06 PM EST / CBS News. Interest rates on home loans could fall again now that the Fed has issued another rate cut. Getty Images. For the second time in three months, the ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
5 days ago · The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep …
5 days ago · Increases to the federal funds rate throughout 2022 and 2023 were part of the reason mortgage rates increased from around 3.00% for a 30-year, fixed-rate mortgage at the end of 2021 to 7.79% for ...
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
5 days ago · Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac ...
Why mortgage rates are still high after a Fed cut - NBC News
4 days ago · Mortgage rates have come down from the peak of nearly 8% seen last fall, when both inflation and economic growth were at pandemic-era highs. Yet the still-elevated rates have put a stranglehold on ...
Here’s why mortgage rates are rising after the Fed’s rate cut
Oct 24, 2024 · The average rate on a standard, 30-year fixed mortgage was 6.54% in the week ending October 24, according to a survey of lenders by Freddie Mac released Thursday. That’s the highest level since...
Mortgage rates were supposed to come down. Instead, they're …
Oct 18, 2024 · Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
What the Federal Reserve rate cut means for the housing market …
Sep 18, 2024 · Long-term fixed-rate mortgage rates are now at 6.2%, the lowest since February 2023. (It's worth noting, though, that other factors besides the Federal Reserve's benchmark interest rate influence...
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
Sep 19, 2024 · The average rate on 30-year mortgages, the most popular home loan in the United States, fell to 6.09 percent this week, Freddie Mac reported on Thursday. That was down from 6.2 percent a week...