Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back record-low mortgage rates. Mortgage rates have been prohibitively high for ...
The rate on a 30-year fixed refinance rose to 6.43% today, according to the Mortgage Research Center. The 15-year, fixed-rate ...
Last week, the Federal Reserve delivered a quarter-point rate cut at the close of its October meeting, lowering the benchmark rate to a range of 3.75% to 4%, with the goal of helping to ease borrowing ...
The U.S. mortgage market is experiencing a resurgence not seen in years, as a sharp drop in borrowing costs prompted a wave of refinancing activity ahead of the Federal Reserve's widely expected ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. The Fed’s cut makes refinancing tempting, though the reality may surprise ...
Mortgage interest rates change daily based on market conditions. And, lately, there seem to be a lot of market conditions to keep an eye on. With news surrounding the government shutdown, unemployment ...
“Are you a gambler?” It’s a question mortgage broker Aaron Gordon asks lots of his clients — and not just because he’s branch manager of a Guild Mortgage outside of Las Vegas, Nevada. Mortgage ...
Good news for consumers who have been waiting for mortgage rates to fall to enter the housing market: Interest rates have declined for the fourth consecutive week to the lowest levels in over a year.
On September 17, the Federal Reserve made its first interest rate cut of 2025, lowering its federal funds rate by 25 basis points — or a quarter of a percent — to the 4%-4.25% range [1]. It's a move ...
One expert said 30-year fixed mortgage rates are 'most likely to be flat to perhaps somewhat lower of the next few weeks.' On Sept.17, the Fed cut the short-term, federal funds rate to a target range ...
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