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Falling Mortgage Rates Are Bringing Buyers
Mortgage rates are dropping, but the housing market is still stuck. Here’s why.
A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, according to Fannie Mae’s chief economist — and there’s one culprit.
What could impact mortgage interest rates this fall?
Mortgage interest rates have been on the move lately, with some good news for borrowers. The Federal Reserve's first rate cut of the year on September 18 has started to push mortgage interest rates down.
Falling Mortgage Rates Are Bringing Buyers Back to the Market
Key Takeaways Homebuyers are returning to the housing market, with home tours 9% higher in September than the prior month, according to a recent report. Mortgage rates have started to drop after the Federal Reserve’s September fed funds rate cut,
Fixed rates for some mortgages still falling even as bond yields creep higher
Deloitte Dawn Desjardins, chief economist at Deloitte Canada, talks with Financial Post's Larysa Harapyn about Canada’s economic forecast and how interest rates will fall to 2.75% by mid-2025. After moving sideways for a few weeks,
2d
Today’s 30-year mortgage interest rates hold at 6.13%, while 15-year rates rise to 5.38%
Thinking about taking out a mortgage loan? Current mortgage rates rise to 5.38% for 15-year terms, while 30-year terms stay ...
2d
Mortgage Rates Rise in Most Loan Types, Continuing Recent Trend
Rates on 30-year new purchase mortgages reached a 6.32% average Thursday, the highest rate since early September. The ...
4d
on MSN
Mortgage Forecasters Slash Their Predicted Rates for End of 2024
Now, the Federal National Mortgage Association, also known as Fannie Mae, has forecast that the 30-year fixed mortgage rate ...
1d
on MSN
My wife and I lost our multimillion-dollar home in a landslide — but the bank still chases us for our mortgage
When you take out a mortgage, you commit to paying that loan back until its balance is whittled down to $0. This obligation ...
3d
on MSN
Mortgage rates inch higher
Mortgage rates climbed slightly this week, with the average for both 30- and 15-year fixed-rate notes rising as the housing ...
23h
on MSN
Mortgage Interest Rates Today, October 6, 2024 | Rates Up as Big Fed Cuts Become Less Likely
These are today's mortgage and refinance rates. Mortgage rates have inched up near 6% in response to expectations of smaller ...
12h
What Is a Mortgage Broker?
A mortgage broker is an intermediary who helps homebuyers find the right mortgage and lender for their situation. They don’t ...
HousingWire
1d
Jobs report sends mortgage rates higher
Friday's strong jobs report sent mortgage rates higher, and unless labor data weakens, we might have already seen the low for ...
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