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Mortgage Rates Rise to Highest Since Aug.
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept. 16—when the average sank to 6.01%.
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
Mortgage rates: Which New England state saw the biggest jump?
Two New England states have some of the highest average mortgage rates in the country. Hint: It's not Massachusetts.
Mortgage Rates Continue to Increase
The 30-year fixed-rate mortgage increased for the third consecutive week, moving closer to 6.5%,” said Sam Khater, Freddie Mac’s Chief Economist. “In general, higher rates reflect the strength in the economy that is supportive of the housing market.
For mortgage rates this week, it's the calm before the storm
TRREB: Housing market might not rebound for another year Jason Mercer, chief market analyst at Toronto Regional Real Estate Board, talks with Financial Post’s Larysa Harapyn about how the housing market might not rebound for another year.
Here are the cities with the highest mortgage delinquency rates
Skyrocketing housing costs in the U.S. are making it difficult for some homeowners in certain areas to consistently cover their monthly mortgage payments, according to a recent report.
Euro at over 2-month lows ahead of likely ECB rate cut
ECB lowers rates and eyes more cuts as economy sags
The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc's economy was worsening.
Euro Little Moved After ECB Cuts Rates as Expected
The euro continued to trade steady against the dollar, showing little reaction after the European Central Bank delivered another highly-anticipated interest-rate cut.
Pound Takes a Hit as Euro Gains Strength Ahead of ECB's Historic Rate Cut
Yesterday, the Pound Sterling was the weakest currency in the forex market, primarily due to dismal inflation figures from the UK. This data has increased expectations for the Bank of England (BoE) to lower interest
13h
on MSN
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and loans in general, as well ...
5h
Hot real estate topics: Rates, high payments, all-cash buyers
Accessory dwelling units: Investors seeking to squeeze more income from their rental properties (and homeowners) are adding ...
Fox Business
3h
This week's 10-year fixed private student loan interest rates dip below 8%
10-year fixed rate: 7.87%, down from 8.04% the week before, -0.17 5-year variable rate: 14.44%, unchanged from 14.44% the ...
12h
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...
18h
Auto insurance rates are soaring. Here’s what you can do about it.
The cost of insurance has increased by almost 38 percent since the beginning of 2022, more than double the overall rate of ...
6h
California in September: High Monthly Mortgage Payments, Low Average Mortgage Rates
Low mortgage rates may be encouraging to homebuyers looking for a good deal, but in markets like California, home prices can ...
3h
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed ...
Fox Business
3h
Private student loan interest rates trend downward for 10-year loans
10-year fixed rate: 7.61%, down from 7.88% the week before, -0.27 5-year variable rate: 7.49%, up from 7.46% the week before, ...
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