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Homeowners and homebuyers. Last fall, mortgage rates were topping 8 percent, according to Bankrate data. Today, they’re hovering around 6.2 percent — a two-year low and a rapid drop as lenders ...
Average mortgage rates are trending down as of Thursday, September 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 50 basis points to a range of ...
At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an eighth ...
Mortgage rates pulled back slightly this week, with the 30-year fixed rate averaging 7.03 percent, down from 7.06 percent the previous week, according to Bankrate’s latest lender survey. The ...
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 ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...
Daily average mortgage rates edge higher as of Tuesday, October 15, 2024, with the 30-year fixed purchase rate now at 6.60% — a jump of more than 40 basis points since the Federal Reserve ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...