Economy News Mortgage Lock Ins Cost Us Economy $20 Billion In One Year
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US Mortgage Rates Rise Slightly, Sending 30-Year Loans to 6.24%
Mortgage rates in the US increased for a second week, adding to costs for homebuyers already facing a precarious economy. Read More
Mortgage rates are back to a 3-year low. Should you lock one in now?
Mortgage interest rates change each day, and they can be difficult, if not impossible, to time. Case in point: Mortgage rates, largely in anticipation of a Federal Reserve rate cut, dropped to a three ... Read More
Average US long-term mortgage rate rises again, inching up to 6.24%
The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, hovering near its low point so far this year ... Read More
Should you lock in a mortgage rate before the October Fed meeting? Here are the pros and cons.
There's been some surprisingly good news in the mortgage rate climate this year. But "could" doesn't mean definitely. And, if there's one thing homebuyers and homeowners looking to refinance can agree ... Read More
Mortgage rates fall for fourth consecutive week, lowest level in over a year
Mortgage rates fell for the fourth consecutive week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the ... Read More
Mortgage rates fall to lowest level of 2025
Americans frustrated by high home borrowing rates may have gotten some welcome news this week. The average 30-year fixed mortgage rate dropped to 6.19% for the week ending October 23, down from 6.27% ... Read More
Cost of living pressures to put brakes on mortgages
Lending is forecast to grow by just 2.8 per cent in 2026, compared with an expected growth of 3.2 per cent this year, according to economic forecasting group EY ITEM Club. Read More
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