Aftermath of a Fed Rate Cut and the Election

Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 11/14/2024 MCLEAN, Va., Nov. 14, 2024 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®),
What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a particularly surprising move. At that point, the Fed was expected to make its first rate cut of the year in response to cooling inflation.
Mortgage Rate Predictions: The Aftermath of a Fed Rate Cut and the Election
In fact, mortgage rates are going on their sixth week of increases. That's despite the Fed having made an even bigger 0.5% rate cut in September. According to the data we pull from Bankrate, today's average rate for a 30-year fixed mortgage is 6.88%.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
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.
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.
The Fed will need to tread a cautious path in cutting rates in 2025, says one strategist
U.S. stock futures were inching higher on Wednesday morning after the latest consumer-price index report matched expectations. "A hotter-than-expected inflation number could h
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The Fed has officially cut interest rates twice this year. But read on to see whether you should run out to sign a mortgage or not.
Should the Fed have waited to cut rates?
Breitbart's John Carney discusses the state of the economy heading into 2025 on 'Kudlow.'
What the Fed Rate Cuts Mean for Your Bills
The Fed’s benchmark federal funds rate influences the cost of borrowing for individuals and businesses. In theory, with the two cuts already in place and Wall Street assigning a
Today's Mortgage Rates, November 14, 2024 | Rates Likely to Remain Elevated As Inflation Ticks Up
These are today's mortgage and refinance rates. Mortgage rates are expected to go down next year, but that hinges on ...
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Why 2% Mortgage Rates Are a Thing of the Past
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
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Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday.
30-Year Mortgage Rates March in Place—But Other Loan Types Dip
After climbing an eighth of a point the previous day, rates on 30-year mortgages held steady Wednesday. But 15-year and jumbo 30-year rates eased lower.
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
US Mortgage Rates Rose Again in Week After Trump’s Victory
US mortgage rates continued to rise, building on a recent run-up after Donald Trump won the presidential election.