Today, the mortgage interest rate on a 30-year fixed mortgage is 6.88%, according to the Mortgage Research Center. On a ...
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
Lenders want to attract borrowers who don't want to take an expensive two-year fix, but also don't want to wait five years ...
Interest rates are driven by the bond market and bonds are at their best levels in over a month. As such, it's no surprise ...
The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
On Wednesday Jan. 29, the Federal Reserve concluded its first meeting of the year with a widely expected announcement that it would hold the federal funds rate steady. Mortgage interest rates didn't ...