The Fed Is Cutting - Why Are Mortgage Rates Going Up?
Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are ...
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
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How the Fed's Interest Rate Cut Could Impact Mortgage Rates
On Wednesday, the Federal Reserve announced its third interest rate cut of 2024. When the Fed pivoted to cutting interest ...
30-Year Mortgage Rates March Downward for a Second Day
After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types ...
The Associated Press - Business News on MSN6d
What the Fed’s slower 2025 rate cuts would mean for mortgage rates, savings, auto loans
The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed ...
What the Fed's December rate cut means for mortgage interest rates
The Federal Reserve implemented its third consecutive rate cut of 2024 today (December 18), reducing its benchmark federal ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
The Wall Street Journal on MSN12d
The Fed Cut Rates. Mortgage Costs Went Up.
Average 30-year mortgages have climbed to around 6.7% since the Fed started lowering rates in September. And they are only ...
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...
NBC Chicago12d
The Fed cut interest rates but mortgage costs jumped. Here's why
in anticipation of the first interest rate cut since March 2020. Therefore, mortgage rates might not do "anything particularly dramatic" in the face of the Fed's actual meeting, he said.