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.
Mortgage rates climb and more rises may be on the way
The post-election spike in the 10-year Treasury yield could translate to higher rates for the 30-year fixed rate mortgage in the short term.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Mortgage rates up for a sixth week
The rate ticked up to 6.79 percent from 6.72 percent last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago, when the rate averaged 7.5 percent. — ASSOCIATED PRESS Qualcomm, the world’s biggest seller of smartphone ...
Rising mortgage rates pick up speed
Freddie Mac has released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage rose again this week, averaging 6.72%.
Average Rate on a 30-Year Mortgage in the US Rises for Sixth Straight Week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July
30-year mortgage rate rises for 6th straight week
Bond yields also surged on expectations that President-elect Trump’s plans for higher tariffs, lower tax rates and lighter regulation could lead to growth, inflation and government debt.
Mortgage rates continue to inch up, applications fall
Mortgage rates continued to inch up, dragging mortgage applications down, according to the latest Freddie Mac Primary ...
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Mortgage rates rise again amid election volatility
according to Freddie Mac data. The average 15-year fixed-rate mortgage was essentially unchanged, to 6% from 5.99%. Mortgage rates typically mirror 10-year Treasury yields, which rose ...
30-Year Mortgage Rates Holding at 4-Month High
After ticking up for two days, rates on 30-year mortgages kept steady at their most expensive level since early July. Rate movement was minor for most other loan types, too.
Interest rates are going down. But mortgage rates are going ... up?
The housing market continues to befuddle economists and policymakers who expected high rates would slow buyer demand and cool ...
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Republicans want Trump to privatize Fannie Mae, Freddie Mac. Some warn it will make mortgage rates pricier
With interest rates widely expected to continue to fall next year, Parrott believes those leading the Treasury Department ...
Mortgage Rates Tick Up to Highest Level Since Early July
Edging higher for three consecutive days, 30-year mortgage rates are now at their most expensive level in four months. Rate movement was mixed for other other loan types.
Mortgage experts share what fluctuating interest rates mean for Orlando home buyers and sellers
While that dip may seem insignificant, after deducting 15% for a downpayment, a 1%+ difference would save a homebuyer $3,300 ...