Key Takeaways Mortgage rates are rising despite yesterday’s Federal Reserve rate cut—a reminder that the Fed’s short-term rate doesn’t directly…
Browsing: Mortgage
The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level…
A range of lenders have made mortgage rate cuts offering a “last window of opportunity” for buyers to lock in…
Brokers have said they face difficulties placing certain mortgage cases because of “outdated” affordability rules, a survey found. A…
In a major boost to a stalled housing market, new figures for mortgage approvals show an increase last month.Loans for…
The Federal Reserve cuts interest rates, but the 30-year fixed-rate mortgage rose 14 basis points higher.The 30-year went up from…
Today was not a foregone conclusion and there was no way to know ahead of time that it would end…
The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday,…
Fed rate cuts don’t always equal lower mortgage rates, even in today’s economic climate. MicroStockHub/Getty Images After months of anticipation,…
The 25-bps cut was confirmed by a 10-2 vote. The dissenting votes came from Fed Governor Stephen Miran, who sought…