The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low ...
If you’re thinking about buying a home or refinancing your mortgage, it pays to know how mortgages are affected by the federal funds rate. This past Wednesday, at its September meeting, the Federal ...
Jay Powell’s dovish turn at Jackson Hole should be welcome news to would-be homebuyers. The average mortgage rate on a 30-year fixed is around 6.6%, according to government housing agency Freddie Mac.
Borrowers taking out $600,000 mortgage loans today are paying a lot less than they would have just months ago.
Mortgage rates are up and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.35%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is ...
Last week, mortgage rates hit a new low for 2025, as the labor market proved more critical to the bond market than inflation. The big question is: what will happen after the Fed cuts rates this week?
The odds of the Federal Reserve lowering borrowing costs in December have suddenly flipped from unlikely to more likely than not after the words of a key federal official.
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