Mortgage Rates Rise to 6.79% in the Wake of Trump's Presidential Victory
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If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Mortgage rates continue to rise
Average mortgage rates have increased for a sixth straight week. Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortga
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
It Will Be Hard for Fed to Keep Cutting Rates After December, Furman Says
Jason Furman, former chairman of the Council of Economic Advisers, says he expects the Federal Reserve to cut rates again in December, but after that, the pace of cutting will slow down. He's on "." (
Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Traders Bet on December Rate Cut Despite Trump Inflation Worry
The market is expecting the Federal Reserve to slash interest rates again when its final meeting of 2024 concludes next month, even though economists are warning that Donald Trump's protectionist policies could drive inflation back up.
U.S. mortgage rates jump for sixth straight week
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.79% for the week ending Nov. 7 — up from 6.72% last week.
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30-Year Mortgage Rates Fall for a Second Day
National Averages of Lenders' Best Rates – New Purchase Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage rates.
An under-the-radar Trump trade has soared on hopes of a big shake-up in the US mortgage industry
A second Trump presidency could revitalize efforts to privatize Freddie Mac and Fannie Mae, mortgage giants that the US took ...
Innovative strategies help buyers achieve below 5% mortgage rates
Buyers are finding innovative ways to secure a lower mortgage rate, but sellers are also coming up with financing solutions,' ...
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
Dip in mortgage rates drove surge in fall home sales in Portland area
A dip in mortgage rates fueled an unusually strong fall season for Portland-area home sales.
U.S. mortgage rates climb for fifth straight week
Freddie Mac reports the 30-year fixed mortgage rate averaged 6.72% for the week ending Oct. 31 — up from 6.54% last week.
Mortgage rates continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary ...
Mortgage rates go up again this week – what’s the forecast for November?
Citing Freddie Mac, the Mortgage Reports noted that the average 30-year fixed rate mortgage (FRM) increased from 6.44% on Oct ...