The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
the Federal Reserve decided to hold rates steady at its first meeting of 2025. This means that mortgage rates are likely to remain elevated in the near term. Because inflation has been ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The Federal Reserve sets the federal funds rate. That rate influences the yield on the 10-year Treasury note, which serves as the index for most mortgage rates in the U.S. As the fed ...
Friday, ending the week just a few basis points above their lowest level of the new year. Many other loan types also saw ...
Mortgage rates have been static in the first month ... Sam Williamson is among the market observers who say that the Federal Reserve will leave benchmark rates unchanged following its ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...