One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...

The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what's ...

Fed rate decisions aside, experts only anticipate a small drop in mortgage rates this year. “Looking ahead, mortgage rates could fluctuate in either direction, depending on the Fed's actions ...

Mortgage rates have come down from their recent peak, but it could be a sign of overall economic weakness and a potential ...

Mortgage rates are likely to stay above 6% through 2026, according to a Wells Fargo report that showed continued pressure on ...

The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March meeting.

which raised expectations that the cost of borrowing would drop, too. Instead, 30-year mortgage rates did what no one wanted them to do: They went up. Today, they're still hovering close to the 7% ...

Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.