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The average rate on a standard, 30-year fixed mortgage was 6.54% in the week ending October 24, according to a survey of lenders by Freddie Mac released Thursday. That’s the highest level since...
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
Long-term fixed-rate mortgage rates are now at 6.2%, the lowest since February 2023. (It's worth noting, though, that other factors besides the Federal Reserve's benchmark interest rate...
The bottom line. Mortgage rates could drop again after this week's predicted Fed rate cut but major relief is likely to be delayed. That's because this week's cut is expected to be minimal and has ...
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an...
Will Mortgage Rates Drop Soon? Despite the Fed rate cut, housing experts say not to expect mortgage rates to drop significantly in the near future.
Mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month.