After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
These are today's mortgage and refinance rates. Mortgage rates were supposed to dip below 6% this year. Instead, they're up ...
On Wednesday, the Federal Reserve announced its third interest rate cut of 2024. When the Fed pivoted to cutting interest ...
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...
HELOC rates again came in lower this week, with the the $30,000 home equity line of credit dropping to an average of 8.36 ...
The Wall Street Journal on MSN11d
The Fed Cut Rates. Mortgage Costs Went Up.
Average 30-year mortgages have climbed to around 6.7% since the Fed started lowering rates in September. And they are only ...
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...
in anticipation of the first interest rate cut since March 2020. Therefore, mortgage rates might not do "anything particularly dramatic" in the face of the Fed's actual meeting, he said.
Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.