The Federal Reserve cut rates on Wednesday and mortgage rates went up! What happened? The answer lies in the bond market.

At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...

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 ...

See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.

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 ...

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early ...

In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.