The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is 0.13 percentage points higher than yesterday.
These are today's mortgage and refinance rates. Mortgage rates have remained elevated in spite of recent Fed cuts. But they ...
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 8, which is 0.11 percentage points lower ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
These are today's mortgage and refinance rates. Mortgage rates are forecast to go down in 2025, but if inflation reignites, ...
Many experts expect the Federal Reserve to cut the federal funds rate at its early November meeting. The CME FedWatch Tool ...
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
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