The Fed’s rate cut has many homeowners wondering about refinancing. But the connection between Fed policy and mortgage rates ...
If you're planning to refinance your home this fall, you may not need as much of a rate reduction as you think.
The reason why it may not pay to rush into a new loan or refinance is twofold. First, the Fed’s most recent rate cut was fairly minor in the grand scheme of things, as a 25 basis point cut isn’t going ...
Recent homebuyers were sold on "buy now, refi later," according to a U.S. News survey. But Fed rate cuts won't bring back record-low mortgage rates. Mortgage rates have been prohibitively high for ...
Mortgage rates fell for the third week in a row on signs that businesses are reluctant to hire. The average rate on a 30-year ...
This week the Freddie Mac 30-year fixed interest rate averaged 6.35%. Sam Khater, Freddie Mac’s chief economist, noted the 15 basis point-drop from last week was the largest weekly drop in a year.
A Michigan credit union is offering a mortgage rate sale for a limited time. But what's next for interest rates and the overall mortgage market?
The rate on a 30-year fixed refinance fell to 6.34% today, according to the Mortgage Research Center. Rates averaged 5.32% ...