The Federal Reserve delivered a 0.25% interest rate cut last week. But prospective homebuyers wishing for lower mortgage ...
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
Let's connect the dots. The average 30-year mortgage rate is sitting near 6.8% this week. In fact, the average rate has ...
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
Mortgage rates reached their highest level since July, but it didn’t deter homebuyers as purchase applications increased.
While rate cuts from the Fed should gradually lead to lower mortgage rates, we haven't gotten there yet. There's no ...
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 ...
according to the Mortgage Bankers Association’s seasonally adjusted index. While tiny, the increase marked the first rise ...