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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 ...
While rates have come down, as of March 21, the average 30-year mortgage rate was at 6.87% — much higher than a couple of years ago. ... higher rates post-election — as in 1980 — to much ...
Freddie Mac weekly mortgage report: Rates stall post-election and Fed rate cut. Freddie Mac reports an average 6.78% for a 30-year fixed-rate mortgage, down 1 basis point from last week's average ...
In an effort to bring down inflation to 2%, the Federal Reserve has raised its short-term benchmark interest rate 11 times since March 2022, putting upward pressure on mortgage rates. The current ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Just two days after the U.S. presidential election, the Federal Reserve will announce this afternoon whether it has decided to implement a second rate cut this year. This comes after the Fed ...
Mortgage rates peaked at 7.79% in October and, although they have been dropping, the average 30-year fixed-rate mortgage was still 7.22% at the end of November. That's a far cry from the 3.5% to 4%...
There has been a bit of a confusion when it comes to buying a home in America right now: it appears that interest rates are cooling off, yet mortgage rates have gone up. If you had to do a double...