Mortgage Rates Fell, Then Rose. What Comes Next?
2 days ago · The rate on a 30-year mortgage has risen to 6.79 percent nationally, from about 6.1 percent a month ago. Martina Tuaty for The New York Times. Rafael Corrales, a real estate agent in Miami ...
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 ...
What the Fed rate cut means for mortgage interest rates
6 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?
6 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 ...
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
6 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 ...
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...
The Fed just cut rates again — and the timing is undeniably …
6 days ago · The recent climb in mortgage rates may be unwelcome news for prospective homebuyers who may have anticipated that a rate cut from the Federal Reserve would result in a drop in home borrowing costs.
What will happen to mortgage rates after this week's Fed ... - CBS News
Nov 4, 2024 · The CME Group's FedWatch tool has an interest rate cut probability in the amount of 25 basis points pegged at more than a 99% certainty. So the federal funds rate will almost certainly fall once ...
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...
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 ...