The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 8, which is 0.11 percentage points lower ...
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher ...
Shopping at different banks and mortgage brokers won't yield much difference in rates. So Michael tried another method.
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.
Key Takeaways Treasury yields surged on Wednesday as market participants strapped in for a Trump presidency that's expected ...
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