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Here’s why mortgage rates are rising
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.
Why mortgage rates are back up to nearly 7%
The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.
Mortgage Rates Keep Rising, Notching a 3-Month High
After hovering for two weeks, 30-year mortgage rates have now climbed higher for a week—reaching their highest level since July. Most other loan averages also rose Wednesday.
Mortgage Rates Rise Above 6.5%
Mortgage rates rose to the highest level since early August last week. The average rate on the standard 30-year fixed mortgage reached 6.54%, according to a survey of lenders by Freddie Mac. Mortgage rates fell toward 6% in the build up to the Federal Reserve's interest-rate cut in September,
Mortgage rates went up again this week
Mortgage rates are headed higher again and some experts think it’s not impossible that the key 30-year rate will approach 7% again, after falling to a low
Mortgage Refinance Rates Rise to Highest Level Since August
With a fourth daily increase, 30-year refi rates have risen to their most expensive level in more than 10 weeks—rising up from the 19-month low they sank to in September.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
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 the popular 30-year fixed-rate mortgage rose to 6.
Average mortgage rate rises again to highest level in nearly 3 months
The continued strength in the economy drove mortgage rates higher once again this week,” said Sam Khater, Freddie Mac’s chief economist. “Over the last few years, there h
17h
on MSN
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The continued strength in the economy drove mortgage rates higher once again this week,” Sam Khater, chief economist at ...
1d
Mortgage Rates Today, Oct. 24: Median Rate Remains 6.88%
As of Oct. 24, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
1d
on MSN
Map Shows States Where Mortgage Rates are Increasing the Most
A new map shows which U.S. states have seen the sharpest increase in mortgage rates this year, driven by a combination of ...
Mortgage News Daily
12h
Mortgage Rates Finally Win One, Albeit a Small One
Mortgage rates have risen every day since October 15th and some of the jumps have been fairly big. That followed an even ...
2h
Mortgage rates continue to climb
The average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.
17h
on MSN
How does the 10-year Treasury yield affect mortgage rates? Experts explain
This relationship exists because 10-year treasury notes and mortgage-backed securities typically compete for the same ...
1d
on MSN
Surge in mortgage rates equivalent of a 6% increase in home payment prices, says Zelman's Ratner
Alan Ratner, Zelman & Associates managing director, joins CNBC's 'The Exchange' to discuss outlooks on the housing market, ...
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