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Here’s why mortgage rates are rising after the Fed’s rate cut
US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved.
Average rate on a 30-year mortgage in the US rises again to highest level in nearly 3 months
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.
US 30-year fixed-rate mortgage rises to 6.54%
U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Federal Reserve cuts interest rates.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
The average rate on a 30-year mortgage rose to 6.54% this week, Freddie Mac says, the highest level in nearly 3 months.
30-year fixed-rate mortgage rises for 4th straight week
WASHINGTON >> Mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Federal Reserve cuts interest rates.
Average Rate on a 30-Year Mortgage Hits Highest Level in Nearly 3 Months
The average rate on a 30-year mortgage climbed to 6.54 percent this week, according to mortgage buyer Freddie Mac.
1d
on MSN
Republicans want Trump to privatize Fannie Mae, Freddie Mac. Some warn it will make mortgage rates pricier
If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the ...
1d
Homes for sale in short supply as there’s now 30 renters for every house on the market in US
The number of homes for sale for each renter household in the U.S. remains near record lows, highlighting the supply crunch ...
2d
Freddie Mac Prices Approximately $272.2 Million SLST Securitization
MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today announced the pricing of the Seasoned Loans Structured ...
10d
on MSN
Freddie Mac sells ~$13.9M worth of non-performing loans
Freddie Mac (OTCQB:FMCC) said on Wednesday that the secondary mortgage services provider sold ~$13.9M worth of non-performing ...
2d
Freddie Mac Issues Monthly Volume Summary for September 2024
MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for September 2024, which provides information on Freddie Mac’s mortgage ...
The Alpena News
21h
Some hope election changes mortgage system
If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the ...
1d
Mortgage Rates Today, Oct. 25: Median Rate Remains 6.88%
As of Oct. 25, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
National Mortgage News
2d
Election season, economic strength drive latest interest rate volatility
While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business ...
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