Why mortgage costs are rising despite interest rate cut
Mortgage costs are rising - with the average rate on a two-year fixed deal now at 5.5% - despite a recent cut in interest rates. A string of lenders, including Barclays, HSBC, NatWest and Nationwide, have increased the rates charged on new fixed deals in recent days.
Today's Mortgage Rates | Rates Rise as Fed Chair Sees No Reason to 'Hurry' Cuts
These are today's mortgage and refinance rates. Mortgage rates have increased a bit as markets look to whether the Fed will cut rates in December.
Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
The average 30-year fixed-rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from 6.79% a week prior, according to Freddie Mac data via the Federal Reserve.
Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms decrease to 6.13%.
Mortgage Rates Hold Near 7%
Mortgage rates held near 7%. The average rate on the standard 30-year fixed mortgage edged lower to 6.78%, according to a survey of lenders released Thursday by the mortgage-finance firm Freddie Mac.
Mortgage rates not dropping anytime soon
The Fed has dropped the nation's lending rate again, but mortgage rates haven't dipped. The FOX 5 I-Team's Dana Fowle went to an economist to understand the reason why.
The Fed Just Cut Interest Rates. Is Now a Good Time to Buy a Car?
In September, the Federal Reserve lowered its benchmark interest rate by half a percentage point. That was then followed by a quarter-point rate cut in November. Unlock a bonus worth $250 and pause interest into 2026 – this credit card is the perfect combo!
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Mortgage Rates Aren’t Moving in the Same Direction as the Federal Funds Rate—Here’s Why
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Mortgage Rates Today, Nov. 15: Median Rate Falls to 6.88%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.25% for a 15-year fixed-rate mortgage ...
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Inflation's up again. Here's what it could mean for mortgage interest rates.
So, if you're planning to buy a home soon or are thinking about refinancing, you may be wondering how this new uptick in ...
Mortgage Rates Tick Higher Across Every Loan Type
After holding steady the previous day, rates on 30-year mortgages rose slightly Thursday. All over loan types tacked on ...
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant ...
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...