"The Fed’s decision was pretty aligned with market pricing," Zhao notes, so a major drop in mortgage rates is highly unlikely ...
The Federal Reserve cut rates on Wednesday and mortgage rates went up! What happened? The answer lies in the bond market.
In the past week, the standard 30-year fixed-rate mortgage averaged 6.09%, according to data released by Freddie Mac.
During Wednesday’s meeting, the Federal Reserve’s monetary policy committee slashed the federal funds rate by a half-percentage point, or 0.50%. Since March 2022, the Fed increased interest rates 11 ...
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...
In the first week of January, mortgage rates averaged around 6.62%, already elevated compared to historical norms. By late ...
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...
The Federal Reserve cut interest rates for the first time in four years on Wednesday, reducing its key rate by half a ...
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
These are today's mortgage and refinance rates. Mortgage rates are down as the Fed gears up to start lowering its benchmark ...