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Mortgage rates continue to climb despite cuts by Fed

Hosted on MSN · 2h

Today's Mortgage Rates, October 21, 2024 | Rates Are Still Down From Last Year

These are today's mortgage and refinance rates. Mortgage rates are up this month, but they're still down over a full percentage point from last year.

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.

New York Post · 2d

Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts

The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.

ConsumerAffairs · 2d

Here's why mortgage rates are going up

What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but mortgage rates have risen for th

China, Benchmark Lending Rates

The Wall Street Journal on MSN · 8h

China Cuts Benchmark Lending Rates

China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.

Reuters on MSN · 11h

China cuts benchmark loan prime rates by 25 bps

China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.

CNBC on MSN · 11h

China lowers benchmark lending rates by 25 basis points

The move was not unexpected. China's central bank governor indicated last week that the loan market benchmark rate would be lowered by 20 to 25 basis points.

4m

Why I'm Not Opening Any CDs in 2024 -- Even Though Rates Are Still Near 5%

CDs can be great for some people -- but they're not a fit for me. Read on to see why I'm giving them a pass despite great ...

1hon MSN

CD, Checking, and Savings Rates Today: Secure Top Rates

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

2d

Homebuyers are stuck as mortgage rates defy Fed’s rate cut

The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for ...

22hon MSN

The Most Important Thing to Know About CD Interest Rates Right Now

Should you invest in CDs? CD rates currently outpace inflation, offering a safe, steady return. Here's why you should ...

2d

Money Market Rates Are Lower, Yes. But Compared to What?

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still ...

8h

Metals Rise After Chinese Banks Cut Rates to Aid Property Market

Iron ore and base metals rose after Chinese banks cut their benchmark lending rates, part of a push by Beijing to ensure Asia ...

4hon MSN

ECB's Simkus says rates may need to go below 'natural' level

The European Central Bank is likely to cut its key interest rate down to its "natural" level between 2% and 3% but it may ...

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