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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 ...
There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...
And while rates have fallen slightly over the past month following the Federal Reserve's September benchmark interest rate cut, many CDs are still paying close to 5% today. That makes them a good ...
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 ...
The current average interest rate for a 30-year fixed mortgage is 6.80% for purchase and 6.80% for refinance — up 7 basis points from 6.73% for purchase and 5 basis points from 6.75% for ...
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...
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 ...
See today's average mortgage rates for a 30-year fixed ... Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to ...