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Fed set to cut rates
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
Recent interest rate cuts have brought relief to credit card, personal loan and auto borrowers, but homebuyers are unlikely to catch a break as mortgage rates continue to climb.Following Donald Trump's Presidential election win,
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.
How the Federal Reserve's Decisions Impact Mortgage Rates
The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest rate that banks charge each other for short-term loans. The Fed's decisions alter the price of credit, which has a domino effect on mortgage rates and the broader housing market.
5h
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms climb to 6.13%
The median interest rate on a 30-year fixed-rate mortgage is 6.99% as of November 7, which is 0.11 percentage points higher ...
13h
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 ...
Investopedia
22h
Mortgage Rates Rise Again, Notching New 4-Month High
If you click on links we provide, we may receive compensation. Edging higher for a fourth day out of five, 30-year
mortgage
...
5h
on MSN
Lock in a mortgage rate after the Fed cuts? This might be your last chance
“Either way, it does seem likely, at least in the short term, that
mortgage
rates
are going to go higher.” The Fed's quarter-point cut was widely expected by economists.
Mortgage
rates
...
22h
With buyers spurred by falling mortgage rates, R.I. home sales jumped this summer, data shows
PROVIDENCE — After falling sales earlier this year, single family home transactions in Rhode Island jumped between July and ...
Hosted on MSN
1d
Mortgage rates jump after Trump defeats Harris
Mortgage
rates
rose Wednesday morning as financial markets reacted to Republican nominee Donald Trump winning the ...
2d
on MSN
Interest rates are going down. But mortgage rates are going ... up?
Interest
rates
are going down — but aspiring homeowners waiting for lower
mortgage
rates
aren’t feeling relief. For ...
2h
Harris concedes as President-elect Trump begins transition
President-elect Donald Trump has won back the White House, and Vice President Kamala Harris conceded the race.
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