The Fed’s rate cut has many homeowners wondering about refinancing. But the connection between Fed policy and mortgage rates ...
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 at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut next week. The shift is encouraging ...
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?
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.
The rate on a 30-year fixed refinance fell to 6.34% today, according to the Mortgage Research Center. Rates averaged 5.32% ...