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Mortgage rates aren't always reactive to rate cuts Mortgage rates certainly fell after the Fed announced its 50-basis-point rate cut in September, but it wasn't necessarily because there was a ...
Hale explained that over the past 14 election cycles — going back to 1972 — we’ve seen everything from much higher rates post-election — as in 1980 — to much lower mortgage rates post ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Mortgage rates remain stubbornly high. In late September, it was looking like mortgage rates would drop below 6% before the end of the year. But then that downward streak ended, leaving would-be ...
Mortgage rates have risen due to new economic data and pre-election fears, and are in for another volatile few weeks. Mortgage rates below 6%? Not anytime soon.
“Looking at the end of this year and into 2025, I foresee mortgage rates staying in the 6% range, likely bouncing between 6% and 7%,” shared Dan Richards, president of Flyhomes Mortgage. “A ...
Mortgage rates reached their lowest level in a month the week of December 5, according to Freddie Mac. That’s good news for homebuyers , although perhaps not as good as they might think.
Just two days after the U.S. presidential election, the Federal Reserve will announce this afternoon whether it has decided to implement a second rate cut this year. This comes after the Fed ...