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The current average interest rate for a 30-year fixed mortgage is 6.79% for purchase and 6.76% for refinance, down 1 basis point from 6.80% for purchase and 1 basis point from 6.77% for refinance ...
There has been a bit of a confusion when it comes to buying a home in America right now: it appears that interest rates are cooling off, yet mortgage rates have gone up. If you had to do a double...
On Sept. 18, when the 30-year fixed-rate mortgage averaged 6.09%, the 10-year Treasury averaged 4.10%. Mortgages are much riskier investments than debt issued by the government of the largest ...
Savings interest rates today: Get in front of the Fed's next move at up to 5.05% APY right now — Dec. 17, 2024 ... (1 year) CD. 1.83%. 1.84%. Down 1 basis point. 24-month (2 year) CD. 1.52% ...
At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...
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 ...
The consumer price index released on October 10 showed inflation cooling to its lowest level since February 2021, with a 2.4% year-over-year increase in consumer prices in September, down from 2.5 ...
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...