The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again. The ...
F or the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range ...
That would reflect a full percentage point cut from its pre-September level, when the federal funds rate was at its highest ...
including changes to the federal funds rate, can impact mortgage rates. When the Fed raises interest rates to control inflation, mortgage rates may increase as well. Housing Market Trends ...
With another slight increase, 30-year refi rates are at their highest level since early August. Rates for most other refi ...
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Treasury yields surged on Wednesday, putting upward pressure on mortgage rates, as market participants strapped in for a ...
Recent interest rate cuts have brought relief to credit card, personal loan and auto borrowers, but homebuyers are unlikely ...
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
Since late 2022, mortgage rates have jumped to between 6% and 7%. Rates started to drop this summer in anticipation of the Federal Reserve cutting the federal funds rate by 25 basis points at its ...
Let’s take a look at some of the major issues that affect mortgage rates. “When the federal funds rate — what banks charge each other for overnight loans — goes up, mortgage interest rates ...