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The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
As investors have bought bonds expecting a Fed rate cut, that's helped mortgage borrowers. But even if the Fed does cut, home loans may not benefit.
Certain missteps during this limbo period can hurt your chances of securing favorable loan terms, experts say.
The Mortgage Bankers Association predicts in its Mortgage Finance Forecast that 30-year mortgage rates will stay flat, starting the year at 6.8% and ending at 6.7%.
The average rate for a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months, giving prospective ...
According to St. Germain, the Fed is likely to prioritize its dual mandate of keeping inflation in check, even with the ...
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.53%, according to the Mortgage Research Center, while the ...
President Donald Trump resumed attacks on Federal Reserve Chair Jerome Powell, this time claiming he is hurting the housing ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months. The average rate dropped to 6 ...
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