The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...

The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...

The prospect of higher tariffs and other unfriendly trade policies is bad news for everyone exposed. By definition, tariffs ...

Rates on a 15-year mortgage stand at an average 6.01% for purchase and 6.21% for refinance, up 7 basis points from 5.93% for purchase and 10 basis points from 6.11% for refinance over the past week.

From mid-September through mid-January, the average 30-year fixed mortgage rate had risen by 96 basis points, to 7.04%, according to Freddie Mac’s weekly measure, while the Fed had cut by 100 ...

Notably, from a recent peak of 7.04% on Jan. 16, 2025, the present average 30-year FRM rate is now 39 basis points, or roughly 5.5%, less. “Despite volatility in the markets, the 30-year fixed-rate ...

The current average rate for a 30-year fixed mortgage is 6.99% for purchase and 7.02% for refinance — down 6 basis points from 7.05% for purchase and 10 basis points from 7.12% for refinance ...

No, Your Mortgage Rate Won’t Go Down With the Fed Rate Cut – Debunking the Myths While the Fed is expected to cut interest rates, mortgage rates don't necessarily drop. Here's why.

The spread between the 10-year Treasury yield and 30-year-fixed mortgage rate reflects the risk that investors take on with mortgage-backed securities. Mortgage-backed securities, or MBS, are ...

According to data from Mortgage News Daily, the average 30-year fixed mortgage rate has jumped about 47 basis points since the Fed rate cut, to 6.62% from 6.15%.

U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the Federal Reserve cut interest rates for the first time since 2020.