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The price of homeownership remains out of reach for many Americans as home prices remain high and mortgage rates continue to ...
The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for ...
Mortgage rates didn't move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a ...
6 things that impact mortgage interest rates ... Conversely, when yields rise — typically due to investor optimism about the economy — mortgage rates tend to rise as well.
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
30yr fixed rates are still in the 7% range, but if the week's remaining economic data were to be as downbeat as JOLTS, that could change. Just be aware that surprises can occur in either direction ...
We talked to three mortgage loan officers to get their takes on what could impact rates this fall. Below, we gathered what they had to say and what it could mean for your homebuying plans.
Happily, the answer is yes: the 2024 election will impact mortgage rates, though not immediately. That’s because mortgage rates are influenced more by macroeconomic factors than political ...
Before the uptick, the rates remained flat at 3.55% for three weeks, reflecting the impact of the Omicron variant in the economy. A year ago, the 30-year fixed-rate mortgage averaged 2.73%.
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