These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
Lenders want to attract borrowers who don't want to take an expensive two-year fix, but also don't want to wait five years ...
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.95% this week, ...
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market.
Interest rates are driven by the bond market and bonds are at their best levels in over a month. As such, it's no surprise ...
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...
The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.
Suddenly, variable rates are almost on par with fixed rates, and forward rates in the bond market suggest they could dip below fixed rates by spring. In fact, if the Bank of Canada shows borrowers ...
Expectations of further rate cuts have people piling into variable rates like they’re the last choppers out of Hanoi. Several lenders now report that up to 50 per cent of mortgage applicants are ...