Mortgage Rates End Week at Lowest Levels Since December 18th
Back on December 18th, rates began the day fairly close to where they ended the previous day. In the afternoon, rates surged sharply higher following the Fed announcement. Even since then, the average 30yr fixed rate has operated almost exclusively above 7%.
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.
Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.
The federal funds rate is the overnight borrowing rate for commercial banks and credit unions and indirectly influences mortgage rates. After holding rates between 5.25% and 5.50% for ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
A significant shift occurred in the mortgage market today, September 19, when the Federal Reserve’s interest rate cut coincided with an unexpected surge in mortgage rates. This event ...
These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if ...
“This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer,” ...
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