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Fed Announces 0.25% Rate Cut
Why mortgage rates are still high after a Fed cut — and likely won't go down anytime soon
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-
Mortgage rates go up again this week – what’s the forecast for November?
Citing Freddie Mac, the Mortgage Reports noted that the average 30-year fixed rate mortgage (FRM) increased from 6.44% on Oct. 17 to 6.54% on Oct. 24. While the last month of growth hurts potential borrowers, the 30-year FRM averaged 7.79% at the same time a year ago.
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.
7d
on MSN
Interest rates are going down. But mortgage rates are going ... up?
Interest rates are going down — but aspiring homeowners waiting for lower mortgage rates aren’t feeling relief.
5d
on MSN
The Fed is set to cut interest rates again, but why are mortgage rates still going up?
A robust U.S. economy is insulating mortgage rate changes from their usual connection with Federal Reserve adjustments to its ...
CBS News on MSN
4d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
That's
up
from a September low of 6.08% ... and, by extension, mortgage
rates
are
going
to have a tough time falling ...
4d
The Fed Keeps Cutting Rates — So Why Aren’t Mortgage Rates Going Down?
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds ...
Newsweek on MSN
13d
Mortgage Rates Are Still Going Up—Here's Why
The 30-year fixed mortgage rate hit the 7% mark on Monday, the highest level since the start of the summer, as the election looms.
23h
Why are mortgage rates rising, and will they keep going up?
Overall, mortgage rates have ticked up slightly since the Bank of England's announcement, but the longer term picture looks ...
1h
Sales tax is going up by 1 cent in 3 inland cities. Here’s where it won’t change, and when it won’t matter.
Voters appear to have rejected a countywide half-cent sales tax hike, along with proposed full-cent increases in San Diego ...
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