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Mortgage rates continue to climb despite cuts by Fed
Today’s 30-year mortgage interest rates rise to 6.63%, while 15-year mortgage rates climb to 5.88%
The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 18, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for prospective homebuyers, it’s brought more frustration: Mortgage rates have actually risen in recent weeks. Statewide, the median home price jumped 6.2 percent, to $600,000, as sales fell 3.7 percent.
WAMC
12h
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates ...
1d
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
1d
on MSN
Today's Mortgage Rates, October 18, 2024 | Rates Are Ending the Week a Little Lower
These are today's mortgage and refinance rates. Mortgage rates are down slightly this week but remain elevated compared to ...
1d
Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday.
2d
Mortgage Refinance Rates Dip for Most Loan Types
Refi rates for 30-year mortgages have been bobbing around in a higher range than the 19-month low they hit last month. Rates ...
2d
on MSN
Today's Mortgage Rates, October 17, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we might not see them drop ...
HousingWire
1d
Mortgage rates could reach 5.7% next year, but will sellers give up their 3% rates?
Increased home sale activity will depend on millions of homeowners giving up their 3% rates, Fannie Mae economists say.
1d
California in September: High Monthly Mortgage Payments, Low Average Mortgage Rates
Low mortgage rates may be encouraging to homebuyers looking for a good deal, but in markets like California, home prices can ...
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