The bigger problem for the housing market, though, is that according to the Federal Housing Finance Agency, roughly 60% of current homeowners with mortgages are ...
Mortgage rates have risen since the Federal Reserve began cutting interest rates in September 2024. Here's why mortgage rates don't always follow the ...
Remarks by Federal Reserve Chairman Powell during the Q&A presser sent the 10-year yield and mortgage rates higher.
Today's interest rate cut by the Federal Reserve isn't a cure-all for high mortgage rates.
The Federal Reserve's recent decisions to cut its benchmark interest rates might lead many to assume that mortgage rates would also decline.
Either way, the top tier conventional 30yr fixed rate will easily be back over 7% for the average lender. What gives? First off, the mortgage rate spike has ...
Banks don't always act the way you expect them to, and this week is an example. The Federal Reserve cut short-term interest rates on Dec. 18.
Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, New York, California, Florida, and Texas have the ...
(Bloomberg) -- Chinese banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property ...
Banks don't always act the way you expect them to, and this week is an example. The Federal Reserve cut short-term interest rates on Dec. 18.
Banks don't always act the way you expect them to, and this week is an example. The Federal Reserve cut short-term interest rates on Dec. 18.
After a brief pause Tuesday, the flagship mortgage average resumed its recent upward trend Wednesday. Most other loan types tacked on points as well.
A handful of notable mortgage rates inched up. Here's what experts say is next for the housing market this year.
These are today's mortgage and refinance rates. Fewer cuts from the Fed in 2025 mean mortgage rates may not go down as much as expected.
Today's mortgage rates rose to 6.50% for fixed loans after the Fed's recent meeting. Understand why and how it affects buyers and homeowners.
MCLEAN, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®),...
This count is based on closings, so contracts were likely signed in September and October. Mortgage rates had fallen to an 18-month low in September but then ...
(Bloomberg) -- Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept ...
ALBANY, N.Y., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Inventory of homes for sale across New York State dropped to the lowest point since March while interest...
Homebuyers may not like the new normal of mortgage rates in the high 6% range, but they're getting used to it.
U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal Reserve projected fewer interest ...
Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a ...
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields ...
U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal Reserve projected fewer interest ...
From NAR: Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October ...
Sales of previously-owned homes rose 4.8% to an annual rate of 4.15 million in November, the National Association of Realtor said. That's the highest level ...
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?