By Redfin: “While mortgage rates have fallen slightly in recent weeks, they are likely to remain high and at risk of significant volatility. Surprising economic data, changes in the Fed’s tone, and ...
Mortgage rates are around 7% and not 6% today because the labor market is getting softer, but hasn't broken yet.
Suze Orman, the well-known financial expert, recently shared her perspective on the real estate market, advising potential ...
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of ...
Mortgage rates pulled back ever so slightly this week, with the 30-year fixed rate averaging 7.02 percent, down from 7.03 ...
Fannie Mae and Freddie Mac, the two government-sponsored enterprises that underpin the U.S. mortgage market, have been under ...
Rates on 30-year mortgages ticked up a minimal 1 basis point for a third consecutive day Tuesday, after a large drop last week. The flagship average now sits at 6.86%, just barely above the cheapest ...
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...
Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.
As Americans have realized, a byproduct of high inflation is typically high interest rates. As inflation begins to rise, the Federal Reserve will likely raise its benchmark fed funds rate. The fed ...
In its first meeting under the Trump administration, the Federal Reserve has kept rates steady, following three rate cuts to ...