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Average Rate on 30-Year Mortgage Drops Slightly
Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms decrease to 6.13%.
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.
Average rate on a 30-year mortgage slips for first time in weeks
Real Estate News Average rate on a 30-year mortgage slips for first time in weeks Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance the
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Borrowing costs on 15-year fixed-rate mortgages also slipped by .01 percent this week to 5.99 percent from 6 percent last week. Meanwhile, borrowing costs on 30-year and 15-year h
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago,
Fed, interest rates
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
3h
on MSN
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
3h
on MSN
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
CBS News on MSN
2d
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing
interest
rates
in September in ...
2d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Motley Fool on MSN
2d
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The Fed has lowered its benchmark
interest
rate twice this year, with its most recent rate cut in November. While rate cuts ...
7h
ECB should cut rates further to support recovery, Cipollone says
The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in ...
18h
Interest rates could be 3 percentage points higher under Trump
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
19h
on MSN
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
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