News

Mortgage rates average 6.72% following Fed’s continued rate pause

The average rate on a 30-year fixed mortgage was 6.72% — little changed from a week prior, according to Freddie Mac data.

Mortgage Rates Dropped Ahead of Today's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's likely not tied to today’s Fed news. Here’s why waiting for a Fed rate cut could be a ...

Mortgage rates move lower ahead of closely watched Fed meeting. When will they drop below 6%?

But mortgage rates are expected to finish the year at 6.4%, economists forecast. And most are not able to confidently predict ...

Average rate on a 30-year mortgage eases again, offering modest relief

The average rate on a 30-year U.S. mortgage eased to where it was three weeks ago, modest relief for prospective homebuyers ...

Jerome Powell Pressed On Why Fed Isn’t Lowering Rates To Help Americans Afford Homes

Multiple reporters questioned Federal Reserve Chairman Jerome Powell during a Wednesday press conference over the decision to ...

Fed's influence on mortgage rates: What homebuyers should know

Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, ...

Will mortgage rates rise or fall this August? Here's what lending experts predict

There are plenty of other drivers behind mortgage rate trends, leaving questions about whether mortgage rates could rise or ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

Divided Federal Reserve keeps interest rates unchanged

A divided Federal Reserve kept interest rates unchanged, despite pressure from President Trump to lower them. It came as new ...