Inflation's up again. Here's what it could mean for mortgage interest ...
14 hours ago · Right now, the average mortgage rate is sitting at 6.89% — significantly lower than the above-8% rates we saw in late 2023. But with this new increase in inflation, mortgage interest rates may ...
Mortgage rates inch closer to 7% after Fed rate cut and Trump win
17 hours ago · Photo: Getty Images. The numbers: Applications for mortgages inched up over the past week, despite the 30-year creeping closer to 7%. The 30-year rate rose for the seventh week in a row, after ...
Mortgage Rates Fell, Then Rose. What Comes Next?
2 days ago · The rate on a 30-year mortgage has risen to 6.79 percent nationally, from about 6.1 percent a month ago. Martina Tuaty for The New York Times. Rafael Corrales, a real estate agent in Miami ...
US Mortgage Rates Rose Again in Week After Trump’s Victory
17 hours ago · Translate. US mortgage rates continued to rise, building on a recent run-up after Donald Trump won the presidential election. The contract rate on a 30-year fixed mortgage rose 5 basis points to 6 ...
Why mortgage rates are still high after a Fed cut - NBC News
4 days ago · “Sixes are the new normal,” said Lisa Sturtevant, chief economist at Bright MLS, a mortgage listing services group, referring to 6% mortgage rates. Interest rates in general have been on the ...
Here’s why mortgage rates are rising after the Fed’s rate cut
Oct 24, 2024 · Here’s what’s driving the recent upswing in mortgage rates. Strong economic data When the Fed cut interest rates last month, many hoped it would kick-start the frozen housing market. Mortgage ...
Mortgage Rate News - Bankrate
3 days ago · Today's average rate for the benchmark 30-year fixed mortgage is 6.89, the average rate you'll pay for a 15-year fixed mortgage is 6.13 percent, and the average 5/1 ARM rate is 6.20...
Compare Current Mortgage Rates Today – Forbes Advisor
3 days ago · View today's mortgage rates and trends on Forbes Advisor. Compare current mortgage rates and APRs to find the loan that best suits your financial situation.
Mortgage rates were supposed to come down. Instead, they're …
Oct 18, 2024 · Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
Current Mortgage Rates: Compare Today's Rates | Bankrate
Nov 7, 2024 · Today's national mortgage interest rate trends For today, Tuesday, November 12, 2024, the current average 30-year fixed mortgage interest rate is 6.90%, decreasing 3 basis points from a week...