One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...
Mortgage rates have come down from their recent peak, but it could be a sign of overall economic weakness and a potential ...
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 ...
Back in January, the 30-year average jumped to 7.13%, its highest level since October. So today's rates are still ...
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% ...