Today's Mortgage Rates, November 8, 2024 | Strong Economy Keeping Rates High in Spite of Fed Cut
These are today's mortgage and refinance rates. Even though the Fed cut rates this week, mortgage rates are likely to remain elevated in the near term.
Lock in a mortgage rate after the Fed cuts? This might be your last chance
Why mortgage rates could be heading to 8%, despite a Fed cut
3 reasons mortgage rates probably won't drop soon, even though the Fed just cut rates
Anticipated Fed cuts are typically baked into mortgage rates ahead of the actual cut, so we probably won't see mortgage rates move much in response.
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.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
The Fed is set to cut interest rates again, but why are mortgage rates still going up?
A robust U.S. economy is insulating mortgage rate changes from their usual connection with Federal Reserve adjustments to its benchmark interest rate.
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