Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them back there (minus a catastrophic economic downturn). Homebuyers and homeowners looking to refinance, then, shouldn't wait for a perfect circumstance that's unlikely to materialize.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Today's Mortgage Rates, November 11, 2024 | Rates Have Been High So Far This Month. When Will They Drop?
These are today's mortgage and refinance rates. Mortgage rates are expected to go down next year, but a resurgence of inflation could change that forecast.
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-
Experts don't see falling mortgage rates anytime soon
The downward slope in mortgage rates, making a home purchase a little more affordable, reversed course in late September. Rates have been edging higher eve
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms remain at 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
Baker: Rates continue to come down... housing improves.
Michael Baker, Managing Director at D.A. Davidson, discusses the Fed's rate cuts benefiting housing and Home Depot's focus on ...
America's prospective homebuyers absorb harsh reality: Mortgage rates probably aren't coming down for a while
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the ...
Private student loan interest rates remain stable for 5-year terms, drop for 10-year terms
This means, 10-year fixed private student loans interest rates dropped by 0.14 percentage points and remained stable for ...
Here's What 5% Mortgage Rates in 2025 Would Mean for Home Buyers
You might be shocked at how much more affordable buying a home could get if mortgage rates reach 5%. Here's what you need to ...
Wrongful Conviction Rates By State
The justice system in the United States is founded on the belief that everyone is innocent until proven guilty. Those accused ...
Hospitals adjust as rates of maternal high blood pressure spike
More doctors are looking out for the condition. But that’s not enough to explain the increase in the nation’s overall ...
Will Lower Mortgage Rates Really Make Home Buying Easier?
Lower mortgage rates may help make home buying more affordable, but other factors like rising prices and loan qualifications ...
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...