"The keyword right now is uncertainty," said Colin Robertson, founder of mortgage news site The Truth About Mortgage. "Nobody ...
One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, ...
The Mortgage Bankers Association and mortgage securitizer Fannie Mae both predict that the 30-year mortgage will drop below 6.5% by the ... when the Federal Reserve's rate-setting meeting ends." This ...
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 ...
Last week, mortgage applications fell 17% ... Additionally, you can always refinance later if rates drop, potentially lowering your monthly payments. Evaluate your finances and long-term goals ...
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% ...