What To Expect From Mortgage Rates For 2025 - Forbes
9 hours ago · Short-term interest rates are now 0.75% lower than in August 2024 after two Fed rate cuts in September and November. In contrast, the 30-year mortgage rate is now 0.7% higher.
Mortgage Rates Fell, Then Rose. What Comes Next?
1 day ago · Mortgage rates fell steadily from this spring through September, as economic data slowed and as investors began to expect a steady string of interest rate cuts from the Federal Reserve. But the ...
What the Fed rate cut means for mortgage interest rates - CBS News
5 days ago · For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it ...
Why mortgage rates are still high after a Fed cut - NBC News
3 days ago · The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say. A combination of better-than-expected growth ...
The Federal Reserve made a rate cut decision today. Here's ... - CBS News
5 days ago · Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac ...
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
5 days ago · 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 ...
Here’s why mortgage rates are rising after the Fed’s rate cut
Oct 24, 2024 · The average rate on a standard, 30-year fixed mortgage was 6.54% in the week ending October 24, according to a survey of lenders by Freddie Mac released Thursday. That’s the highest level since...
Fed Cuts Rates Again - The New York Times
5 days ago · Fed officials lowered interest rates to a range of 4.5 to 4.75 percent on Thursday, but avoided talking about politics in their post-meeting statement. They included no overt signal about what ...
Mortgage rates were supposed to come down. Instead, they're …
Oct 18, 2024 · Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
What the Federal Reserve rate cut means for the housing market …
Sep 18, 2024 · Long-term fixed-rate mortgage rates are now at 6.2%, the lowest since February 2023. (It's worth noting, though, that other factors besides the Federal Reserve's benchmark interest rate...