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.
Our opinions are our own. Here is a list of our partners. While presidential ballots are being tallied and argued about, mortgage rates tend to sit still and wait. So rates are unlikely to move ...
Key Takeaways Treasury yields surged on Wednesday as market participants strapped in for a Trump presidency that's expected ...
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the ...
Although Trump has vowed to somehow lower mortgage rates if elected, the prospect of his election victory had been driving ...
What will it mean for my mortgage? - The general recent trend for mortgage rates has been downward following the highs ...
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