This Week's Mortgage Predictions: The Fed Isn't Rushing to Lower Interest Rates
Average 30-year fixed mortgage rates have remained around a steep 7% for several weeks. While President Donald Trump has claimed he will bring mortgage rates down to 3% -- which would indicate a severe economic crisis -- the president doesn't set rates on home loans.
Today's Mortgage Rates | What This Week's Fed Meeting Means for Mortgage Rates
These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.
Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.
Mortgage rates climb above 7%; what does that mean for housing market?
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices have continued to climb despite slower sales volume, posting 17
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday.
30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, as did most other loan types.
30-year mortgage rates dip below 7% this week
Since its inception in 1970, Freddie Mac (OTC:FMCC) has played a pivotal role in helping millions of families to buy, rent, or maintain their homes. This week's survey results provide a glimpse into the current state of mortgage rates and their impact on the housing market.
Interest rates are dropping, so why aren’t fixed mortgage rates dropping too?
The BoC’s tone during its policy-rate announcements matters, Mr. Rethazy notes. Even when rates drop, hints of inflation ...
Over 6 Million Americans Are Late on Mortgage Payments
Over 6 million Americans are late on their mortgage payments, according to a study.
Mortgage rate squeeze sees homeowners cutting into savings and even pension contributions
Increased interest rates amid the cost of living crisis are squeezing household budgets to breaking point for some.
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear ...
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
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Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
Map Shows 10 States With Lowest Mortgage Payments
The states with the cheapest mortgage payments are concentrated in the Midwest and the South, according to a recent Realtor.com report.
Today's Mortgage Rates | Rates Hold Steady Around 6.70%
These are today's mortgage and refinance rates. Mortgage rates remain elevated, and they might not drop much this year unless ...