After a welcome decline, 30-year mortgage rates have added back an eighth of a point, pushing the average back up to almost ...
“Over the next six to 12 months, mortgage rates are expected to decrease gradually ... “While home sales lagged last year’s trends for most of this year, the recent drop in mortgage rates ...
After holding steady the previous day, rates on 30-year mortgages rose slightly Thursday. All over loan types tacked on ...
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Last month the Federal Reserve announced a big half-point cut in interest rates, a first since March 2020. So why have mortgage rates have continued to increase since the cut? The aggressive rate ...
You can make a lump-sum payment of up to 10% of the original mortgage amount each year. With a regular fixed-rate closed mortgage, the prepayment charge will be the higher of three months ...
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How ...
Mortgage rates typically fall during a recession. Bad news for the economy is often good news for mortgage rates. To repeat ...
Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a ...