Fed, Mortgage Rates

Mortgage Rates Dip Lower for Almost Every Loan Type
Rates on 30-year mortgage fell slightly Tuesday to a 6.91% average, putting an end to a three-day climb that pushed the national average to its high level since July. Back in September, mortgage rates plunged to a 2-year low. But since then, they've surged.
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30-year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.
The Fed Is Cutting Interest Rates. Why Is Consumer Borrowing Still So Expensive?
Interest rate cuts are underway at the Federal Reserve, but consumers have yet to get much relief. The rates individuals pay on loans from banks and credit card companies have barely budged, while would-be homebuyers hoping for relief from lower mortgage rates have instead seen those rates rise.
Mortgage Rates Aren’t Moving in the Same Direction as the Federal Funds Rate—Here’s Why
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year Treasury yield, which is at its highest level in three months.
Why is the Fed cutting interest rates?
The Federal Reserve has said they are committed to reducing inflation from the June 2022 high of 9.1% back to under 2%.
Mortgage Rates Today, Nov. 20: Median Rate Drops to 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%
Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall ...
Why the 30-year fixed-rate mortgage isn’t going away under Trump
The 30-year fixed-rate mortgage isn’t in danger of going away, despite plans for a shake-up in housing finance under a second ...
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Today's Mortgage Rates | Rates Up as Investors Remain Uncertain About December Fed Cut
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, and whether they fall soon ...
Money Influencer Vivian Tu: Remember This 1 Rule Before You Refinance Your Mortgage
Boasting over 3.1 million followers on Instagram -- and described as someone who "emphasizes the importance of making ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
Mortgage Calculator: Here's How Much You Need To Buy a $424,950 Home at a 6.78% Rate
Assuming a 3.5% down payment and excluding tax and insurance, the typical payment at today’s 6.78% mortgage rate on a ...
Tri Pointe brings suburban buydowns amid mortgage rate uncertainty
Tri Pointe Homes is bringing three residential communities to Austin, incentivizing buyers with mortgage-rate buydowns.
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What Is a 5/1 Adjustable-Rate Mortgage?
With a 5/1 ARM, you'll score some savings for the first five years, but it's not all good news. There are risks involved, too ...
Mortgage rates are suddenly rising again. Why?
Mortgage rates are back up to almost 7% in a reversal of some of the declines in recent months, pointing to growing concerns ...