If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Mortgage rates rise again amid election volatility
Still, many housing market experts now expect mortgage rates to stay higher for longer. Lisa Sturtevant, chief economist of Bright MLS, said she still expects rates to come down from current levels, but thinks they’ll be volatile and could stay above 6% for all of next year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Why Today's Fed Cut Won't Bring Lower Mortgage Rates
The Federal Reserve reduced interest rates on Thursday, but experts say rates on home loans won't fall by the same amount. Here's why.
3 reasons mortgage rates probably won't drop soon, even though the Fed just cut rates
Anticipated Fed cuts are typically baked into mortgage rates ahead of the actual cut, so we probably won't see mortgage rates move much in response.
Why Mortgage Rates Have Stayed High Despite the Fed Cutting Rates
The Federal Reserve is poised to lower its benchmark rate by a quarter-percentage point Thursday, following its half-point cut in September. But borrowers aren’t yet feeli
Why mortgage rates could be heading to 8%, despite a possible Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.
Why Won't a Fed Cut Mean Lower Mortgage Rates?
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
If the Fed Is Cutting Rates, Why Aren’t Mortgage Rates Falling?
The Fed wants to push down the cost of borrowing money for homes, cars and other purchases. But mortgage rates aren’t determined by the Fed, they’re heavily influenced by Treasury yields, which go up and down based on economic expectations.
US mortgage rates climb to highest level since July
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since ...
Mortgage rates continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary ...
Bankrate on MSN1d
Mortgage rates jump again, 30-year up to 7%
Mortgage rates surged again this week, with the 30-year fixed rate up to 7 percent, according to Bankrate’s latest lender ...
30-Year Mortgage Rates Holding at 4-Month High
After ticking up for two days, rates on 30-year mortgages kept steady at their most expensive level since early July. Rate movement was minor for most other loan types, too.
Freddie Mac: A Strong Trump Trade Candidate
Freddie Mac shares surged 39% after Trump's re-election, as investors bet on a potential privatization of the company. See ...
Mortgage rates up for a sixth week
The rate ticked up to 6.79 percent from 6.72 percent last week, mortgage buyer Freddie Mac said Thursday. That’s still ...
Mortgage Rates Tick Up to Highest Level Since Early July
Edging higher for three consecutive days, 30-year mortgage rates are now at their most expensive level in four months. Rate movement was mixed for other other loan types.
Interest rates are going down. But mortgage rates are going ... up?
The housing market continues to befuddle economists and policymakers who expected high rates would slow buyer demand and cool ...
Mortgage rates rise again, are expected to ‘remain volatile’
A year ago, it averaged 7.03 percent, Freddie Mac said. Five years ago, it averaged 3.19 percent, according to the St.