Demand for mortgage applications has plummeted since its pandemic peak, and not even new Fed cuts are reassuring homebuyers.
Mortgage rates continue to climb, jumping Friday to end the week at a new 7-month high. Rates rose for almost every other new ...
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says ...
For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage ...
The average rate on a 30-year mortgage rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans.
These are today's mortgage and refinance rates. Mortgage rates have gone up thanks to strong economic data. Where they go ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields.