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A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
Some Fed watchers are looking at the September FOMC meeting for the next rate cut, pending the outcome of tariff inflation ...
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, barely down from 6.75% last week.
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.73%, up 0.76% from the previous week, according to the ...
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...
President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.
Weekly mortgage rates continued to simmer last week, as markets wait in suspense ahead of the White House’s August 1 tariff ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased. The ...
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
Many buyers are drawn to the 15-year fixed-rate mortgage for its predictable payments and lower interest rates, which can lead to big savings compared to longer-term loans.