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Mortgage rates decline to lowest level in nine months
Mortgage rates haven’t been this low since mid-October 2024. However, some perspective is in order: For the past nine months, rates have moved in a narrow range. These declines aren’t like the sharp drops seen early in the pandemic, or the big jumps that came in 2022 and 2023, as the Federal Reserve aggressively boosted interest rates.
Another decrease in mortgage increase rates has led to an uptick in home loans, as well as homebuyers looking to refinance.
Americans buying a home now will see their housing budget stretch further than it would have a few months ago.
Mortgage rates are at year-to-date lows, but is this enough to spur home sales? Logan Mohtashami explains why 6% is the ...
Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed. In other words, the volatility wasn't sufficient to force ...
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
Last week, the Fed again held its policy rate steady, but more signs are emerging that cuts are likely to happen sooner ...
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Most people would benefit from a potential mortgage rate reduction, but some may prosper even more. Here's who could benefit ...
Hope is rising for homebuyers, but so are the hurdles. Consumer Investigator Rachel DePompa caught up with Bank of America to ...
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