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Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear. By Jeanna Smialek and Danielle Kaye ...
Mortgage rates have had a bad month. Actually, a bad three years. On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac's latest Primary Mortgage Market Survey ...
The Federal Reserve just cut interest rates for the second time this year, a move that was largely expected as inflation continues to drop. The Fed lowered rates by a quarter of a percentage point ...
Mortgage rates have jumped higher in recent weeks — an ugly surprise for would-be homebuyers who were hoping the Federal Reserve’s outsize rate cuts last month would provide relief.
The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central ...
Average mortgage rates have increased for a sixth straight week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averages 6.79% this week ...
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...
The Federal Reserve’s likely to lower interest rates again this week, but the cut may be so small that consumers may hardly feel it, analysts said. When the Fed concludes its policy meeting on ...
The average credit card rate is 20.51%, Bankrate reports. That’s a hair below the all-time record, 20.79%, set in August. Card rates are so high, in part, because of the Federal Reserve.