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At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Average mortgage rates open the New Year holiday week higher as of Monday, December 30, 2024, pushing the 30-year benchmark past 7.00% and to its highest levels since July.
Mortgage and refinance rates for Dec. 27, 2024: Average rates for 30-year benchmark hover at 7.00% after post–Fed cut spike
There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
We are tracking rates daily to see the impact on hopeful homebuyers, so as of today, February 15, 2024, the rates are: 30-year fixed rates are 7.29% 15-year fixed rates are 6.59%
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
Mortgage rates are relatively stable compared to recent weeks, but some saw sizable drops in the last day. 30-year-fixed mortgages dropped at 7.15%, down from 7.34% yesterday. 15-year fixed loan ...