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 ...

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 ...

This allowed mortgage rates to drop as low as they did, with 30-year mortgage rates reaching an all-time low of 2.65% in January 2021, according to Freddie Mac. No one can predict exactly when ...

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% ...

I’ve noticed that housing data tends to improve when mortgage rates drop from 6.64% to 6% ... yields after that significant jump. While we did see some of that unfolding, yields ultimately ...