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How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 3 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage< ...
They bought homes with the intention to refinance. Now they’re stuck
Sun-Sentinel· 7 days agoSteven and Katherine Wolf missed out on the ultra-low mortgage rates of the pandemic. Steven Wolf...
Good news, bad news: Mortgage rates drop, as home prices hit a record high
WCPO Cincinnati· 2 days agoAfter big run-ups in home prices the past three years, a lot of potential home buyers were hoping...
7 ways to pay off your mortgage faster
Yahoo Personal Finance· 3 days agoYou wouldn’t drain your emergency fund to pay off the loan. The savings outweigh the closing costs (in the case of refinancing). You might not want to...
Rates decline as Fed holds steady - Mortgage rates for June 13th, 2024
Bankrate.com· 2 days agoMortgage rates fell across the board compared to a week ago, according to data compiled by Bankrate. At the close of the Fed meeting on June 12, policymakers again held off ...
Are zero-down mortgages making a comeback?
The Hill· 2 days agoToday’s typical down payment for a new home is $56,000, which is out of reach of many potential buyers. One of the nation’s largest mortgage lenders is...
Rates decrease slightly ahead of Fed announcement - Mortgage rates for June 12, 2024
Bankrate.com· 3 days agoThe tune has changed around the direction of mortgage rates. The movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor ...
Weekly Mortgage Rates Dip, Hopes of Multiple Rate Cuts Wane - NerdWallet
Nerdwallet· 2 days agoAverage fixed mortgage rates fell slightly this week, with the 30-year rate continuing last week’s...
What the Fed’s continued rate pause means for homebuyers and sellers
San Jose Mercury News· 17 hours agoInflation is still running well above plan, and that means the Federal Reserve is keeping its finger...
Majority of rates decrease - Today's mortgage rates, June 10, 2024
Bankrate.com· 5 days agoMortgage interest rates were mostly down compared to a week ago, according to rate data compiled by Bankrate. Average rates for 30-year fixed, 15-year fixed ...