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Aftermath of a Fed Rate Cut and the Election
Following Elections Results and a Fed Rate Cut, Mortgage Rates Stall
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 11/14/2024 MCLEAN, Va., Nov. 14, 2024 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®),
What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a particularly surprising move. At that point, the Fed was expected to make its first rate cut of the year in response to cooling inflation.
Mortgage Rate Predictions: The Aftermath of a Fed Rate Cut and the Election
In fact,
mortgage
rates are going on their sixth week of increases. That's despite the
Fed
having made an even bigger 0.5%
rate
cut in September. According to the data we pull from Bankrate, today's average
rate
for a 30-year fixed
mortgage
is 6.88%.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The Fed has officially cut interest rates twice this year. But read on to see whether you should run out to sign a mortgage or not.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.
What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming months.
The Fed will need to tread a cautious path in cutting rates in 2025, says one strategist
U.S. stock futures were inching higher on Wednesday morning after the latest consumer-price index report matched expectations. "A hotter-than-expected inflation number could h
Should the Fed have waited to cut rates?
Breitbart's John Carney discusses the state of the economy heading into 2025 on 'Kudlow.'
Fox Business
2h
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
Additionally, the median interest
rate
on a 15-year fixed-
rate
mortgage
is 6.25%, which is unchanged from yesterday.
5h
Here's how Trump, Fed rate decreases could impact Nashville area's housing market
A new presidential administration is on the way and the Fed has cut rates once again. What impact will this have on the ...
6d
on MSN
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
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