The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve's first interest rate decision of 2025.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
The rate on 30-year mortgages fell to 6.95% from 6.96% last week, Freddie Mac said. Rates on 15-year mortgages fell to 6.12% ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
The 10-year Treasury continues to be a lynchpin of longer-term lending, including CRE mortgages. But its near future is ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate barely budged following the Fed's announcement, moving down just 1 basis ...