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Current Mortgage Rates: Week of April 15 to April 19 2024
The average rate on a 30-year fixed-rate mortgage decreased by 0.028 percentage points to 7.853%, according to Money’s daily rate survey. The average rate on a 30-year fixed-rate refinance loan ... Read More
Mortgage rates drop under 7% for the first time since August
Mortgage rates fell under ... expectation for the fed funds rate by the end of next year, now at 4.6%, down from 5.1% in its September forecast. At a press conference on Wednesday, Fed Chair ... Read More
Mortgage Rates Forecast For 2024: Experts Predict How Much Rates Will Drop
With over two years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and ... in a press statement. With the Fed pausing rate hikes across five consecutive ... Read More
Home Sales Drop In March As Mortgage Rates Surge Over 7%
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Read More
Average 30-year fixed mortgage rates continue to climb as inflation persists, analysts say
compared to the prior week (April 1-5), the Mortgage Bankers Association (MBA) said in a new release. "Rates increased for the second consecutive week, driven by incoming data indicating that ... Read More
Equity release rates drop – is it worth unlocking cash from your home?
Equity release rates are starting to drop from their record highs ... Sign up This has been boosted by falling lifetime mortgage rates. Moneyfacts data shows the average rate on a lifetime ... Read More
Mortgage rates rise after disappointing March inflation report
Mortgage rates are not expected to drop meaningfully this year, but further improvement in housing inventory could improve affordability. The National Association of Realtors said that more homes ... Read More
Households May Finally Be Adjusting to Higher Mortgage Rates
WASHINGTON, April 8, 2024 The Fannie Mae (OTCQB: FNMA)Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023, due primarily to ... Read More
Mortgage rates slip, helping spring home purchase activity
"Mortgage rates moved slightly lower this week, providing a bit more room in the budgets of some prospective homebuyers," said Sam Khater, Freddie Mac's chief economist, in a press release ... prior ... Read More
Redfin Reports the Cost of Buying a Home Hits New Record As Mortgage Rates Jump, Prices Rise 5%
The average daily mortgage rate this week surpassed 7.4%, the highest level since last November, after a hotter-than-expected inflation report and the Fed’s confirmation that ... Read More
Mortgage Rates Increase, Nearing Seven Percent
MCLEAN, Va., March 21, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM ... Read More
Federal National Mortgage Association (FNMA)
The increase in mortgage rates in February has driven a modest downgrade to expectations for total home sales and mortgage originations in 2024, according to the March 2024 commentary from the ... Read More
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