Search results
Results from the WOW.Com Content Network
Mortgage rates aren't likely to fall back down to 3% anytime soon. Read on to find out where they might be in the next year.
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 ...
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 even keel ...
A drop in mortgage rates is expected. ... anytime soon. The reason rates were so low in 2020 and 2021 is that the U.S. economy was plunged into a deep economic crisis as the COVID-19 pandemic took ...
“That will represent a marginal improvement to affordability, but mortgage rates are not very likely to come down to the 3% rates that were averaged as recently as 2021.”
The average rate on the 15-year fixed mortgage rose to 6.10% from 6.02% last week. One year ago, the rate on the 15-year fixed note averaged 6.56%. Original article source: Mortgage demand jumps ...
She points to recent research by her firm that found that some 45% of recent homebuyers landed mortgage rates below 5%, usually via special financing offers like rate buydowns. “I’m a little ...
If you signed your mortgage in 2020 or 2021, then you probably locked in a pretty great rate on that loan. But if you signed your mortgage in late 2022 or 2023, it was probably a very different story.