The Fed Holds Rates Steady
The Fed maintains the federal funds rate between 4.25% and 4.5%
Tagged: Mortgage Rates
Mortgage Activity Subdued Amidst Enduring Affordability Pressures
Declining lock volumes and applications signal difficult conditions ahead with volatility on the upswing
30-Year Fixed-Rate Mortgage Rises Two Basis Points This Week
Average mortgage rate 6.49% on Aug. 15
Mortgage Rates Continue To Move Down
The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.
Mortgage Rates Continue Their Ascent
The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Housing Payments On A 5-Week Decline
Redfin's study shows monthly mortgage payments dropping $164 from peak.
Mortgage Rates Tick Up After 3 Weeks Of Declines
The 30-year fixed mortgage rate averaged 6.71% this week.
Spring Housing Market 'Hot But Cold'
Redfin says inventory is down nearly 20% YOY, but homes for sale are flying off the market.
Mortgage Rates Rise For 5th Straight Week
Rates climb closer to 7%; reach level not seen since November.