‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in February. The core inflation rate should decline further, giving bond yields and mortgage rates room to fall, but not by a lot,” says Lewis.
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, ...
Rates on 30-year refinance loans edged a single basis point higher Tuesday, nudging the average to 7.01%. Thanks to a four-day decline last week, the 30-year refi average sits near its cheapest level ...
If you're refinancing, specifically, don't hesitate to look beyond your current mortgage lender. You may qualify for different rates and terms, which can make a big difference in what you pay ...
Mortgage rates inched down to their lowest level in six weeks, but the drop wasn’t enough to lure home buyers back into the ...
If you're one of many homeowners who chose an ARM to escape the fixed-rate mortgage climb starting in 2022, you might be ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
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