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Washington CNN — US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when...
Increases to the federal funds rate throughout 2022 and 2023 were part of the reason mortgage rates increased from around 3.00% for a 30-year, fixed-rate mortgage at the end of 2021 to 7.79% for ...
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.
Mortgage rates recently spiked after consistently dropping over the course of 2024. Experts weigh in on why rates are on a rollercoaster and what home buyers can expect next.
Mortgage rates have inched higher recently, after falling for several weeks. We take a look at the economic factors that affect rates, and where they might settle in the future.
Nov. 7, 2024, 12:05 p.m. ET. Mortgage rates jumped this week as investors processed the potential inflationary effects of President-elect Donald J. Trump’s win, accelerating a weekslong increase ...
Marketplace. Why have mortgage interest rates been rising since the Fed cut rates in September? Caleigh Wells Oct 16, 2024. Heard on: The average interest rate on a 30-year, fixed-rate...
Key Takeaways. While the Fed rate cuts don’t directly affect mortgage rates, changes to the federal funds rate and mortgage rates are both responses to related economic indicators....
Here's a puzzle for market watchers: Hours after the Federal Reserve cut interest rates Wednesday for the first time since 2020, mortgage rates ticked up by 4 basis points. Why? And are...
Mortgage rates are running at a 22-year high, crimping a housing market already squeezed by high prices. Home buyers face an average rate of 7.23 percent on a 30-year fixed-rate mortgage,...