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See today's average mortgage rates for a 30-year ... 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 ...
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 ...
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 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 ...
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 move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.
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