The FOMC cut interest rates as expected on Dec. 10, but mortgage rates are unlikely to fall further as a result.
The latest Fed rate cut has pulled mortgage rates down further from this year's highs, improving affordability.
Explore current mortgage rates and what they mean for homebuyers.
The Fed rate just hit its lowest level in years, but whether mortgage rates fall now depends on a few factors.
Homebuilder confidence held steady in September as mortgage rates begin inching lower in anticipation of an interest rate cut by the Federal Reserve later this week . The National Association of Home ...
NewHomeSource reports mortgage rates are stabilizing, builder sentiment is improving, and affordability is gradually ...
Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 6.06% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Drop 2.12% ...
New home sales missed sales estimates significantly in Wednesday’s report and we have negative revisions to the previous months. The builders’ profit margins are dwindling, which means housing ...
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. The average for a 30-year fixed mortgage is 6.68% today, a ...
Freddie Mac released data on Thursday with the headline “Mortgage Rates Tumble” adding that “as rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding. In ...