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If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
Posted inFederal Home Loan Mortgage Corp (Freddie Mac) Federal Reserve System Interest Rates Mortgages Real Estate and Housing (Residential) Trump, Donald J

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
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Posted by By Danielle Kaye
30-Year Mortgage Rate Falls to 6.35%
Posted inCredit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Falls to 6.35%

Further declines could encourage more activity from buyers and sellers.
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Posted by By Danielle Kaye
30-Year Home Mortgage Rate Falls to 6.47%
Posted inCredit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Government Bonds Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Home Mortgage Rate Falls to 6.47%

The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
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Posted by By Danielle Kaye
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Posted inFederal Home Loan Mortgage Corp (Freddie Mac) Interest Rates Mortgages Real Estate and Housing (Residential) United States United States Economy

U.S. Mortgage Rates Jump Above 7% for the First Time This Year

Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.
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Posted by By J. Edward Moreno

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