Interest rates are going down. But mortgage rates are going ... up?
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief. For years, wannabe buyers have waited for the Federal Reserve to lower rates after the central bank pushed them to the highest level in decades.
Mortgage Rates Won't Drop Despite Another Fed Rate Cut. Here's Why
You shouldn't rush into a home purchase (even if rates are falling) if it doesn't make sense for your budget or lifestyle. Taking extra time to build your credit score and put aside cash for a bigger down payment will help you in the long run, while also helping you save money on your future mortgage.
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.
Mortgage Rates Inch Up, Nearing 4-Month High
Rates on 30-year new purchase mortgages edged 2 basis points higher Friday, pushing the flagship average up to 6.90%. That matches the highest 30-year average since July 9 and is more than a full percentage point above the two-year low enjoyed in September, when the average sank to 5.89%.
Will mortgage rates settle after the election ends and the Fed meets?
More clarity could emerge this week for mortgage professionals who’ve been dealing with uncertainty due to rising rates.
Today’s 30-year mortgage interest rates hold at 6.88% while 15-year terms climb to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 5, which is unchanged from yesterday.
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
With Election Day upon us, which candidate is most likely to bring lower mortgage rates to American home buyers?  Economists ...
Mortgage Rates Today, Nov. 5: Median Rate Stays at 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Today's Mortgage Rates, November 4, 2024 | Where Will Rates Go Next? It Depends on Who Wins the Election
These are today's mortgage and refinance rates. Each candidate could have a different impact on inflation, which has ...
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Mortgage Rates Might Be Ticking Up but So Are Applications—Our Economist Explains Why This Is a Promising Trend
Mortgage rates ticked up to 6.72% this week, but despite the rate reaching its highest since August, applications were ...
Mortgage rates go up again this week – what’s the forecast for November?
Citing Freddie Mac, the Mortgage Reports noted that the average 30-year fixed rate mortgage (FRM) increased from 6.44% on Oct ...
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms increase to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 1, which is 0.11 percentage points higher ...
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Here's Why Affordable Mortgage Rates Are Locking Out New Homebuyers
Current homeowners with mortgage rates below 3% aren't willing to give them up. But that's keeping housing inventory ...