The surprising reason mortgage rates are up despite interest rate cuts
Related: Dave Ramsey explains how your mortgage is key to early retirement. If Kamala Harris wins, mortgage rates are expected to stabilize or even fall due to her proposed home-b
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
Interest Rate Uncertainty Is At a Financial-Crisis Era High. Here’s How We Know.
The Kansas City Fed’s measure of policy rate uncertainty is as high today as it was during the global financial crisis.
JFR: Interest Rate Cuts Will Pressure Yield, There Are Better Plays (Downgrade)
The Nuveen Floating Rate Income Fund offers an attractive 11.50% yield, but is unlikely to maintain this due to expected ...
Interest rate cut at this stage would be 'premature,' India cenbank chief says
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this ...
The Most Important Thing to Know About CD Interest Rates Right Now
Should you invest in CDs? CD rates currently outpace inflation, offering a safe, steady return. Here's why you should ...
APR vs. interest rate: What’s the difference?
The most significant difference between an APR and the interest rate is that the APR offers a complete picture of how much a ...
‘Gap is closing’: Sign RBA will cut interest rate within weeks
It appears that the gap between headline and trimmed inflation is closing, and the RBA will be drawn back into alignment with fiscal authorities. Besides, there are more energy rebates to come in 2025 ...
Markets Project Smaller 2024 Interest Rate Cuts On Better Jobs News
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Pros and cons of bond funds in a lower interest rate environment
In light of recent interest rate cuts, many investors have ramped up their investments in bonds, specifically in bond funds.
What is a mortgage interest rate modification and how do you get it?
A mortgage rate modification could make sense if your mortgage payments or current rate are higher than you'd like.
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China lowers interest rate more than forecasts
The People’s Bank of China has lowered its policy interest rate by 25 basis points to 3.1%, according to an official ...