Could Elon Musk hold the key to lower mortgage rates? Home sales are at multi-decade lows due to high home prices and 7% ...
Despite its recent upward move, the average rate on a 30-year mortgage is still down from 7.22 percent in May, its peak so ...
The Federal Reserve delivered a 0.25% interest rate cut last week. But prospective homebuyers wishing for lower mortgage ...
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
Lower mortgage rates may help make home buying more affordable, but other factors like rising prices and loan qualifications ...
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
Currently, the average interest rate on a 30-year fixed mortgage is 7.30%, compared to 7.25% a week ago, according to Curinos ...
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.
Mortgage rates stayed flat from last week at 6.78% as financial markets reacted to President Trump's re-election.