Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Refinance Rates Drop Again, to an Almost 3-Week Low
Mortgage refi rates have fallen for a second day, lowering the 30-year average to its cheapest level since mid-October. Most other loan types saw rates hold steady or drop.
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
Following the Fed's 0.5% rate cut in September, mortgage rates went up, not down. Even though the central bank's policy decisions and economic outlook affect credit markets, the F
Why mortgage rates are still high after a Fed cut — and likely won't go down anytime soon
The average 30-year mortgage rate has been above 6% for two years — and is likely to stay above that level for the foreseeable future, experts say. A combination of better-than-
Today's Mortgage Rates, November 11, 2024 | Rates Have Been High So Far This Month. When Will They Drop?
These are today's mortgage and refinance rates. Mortgage rates are expected to go down next year, but a resurgence of inflation could change that forecast.
What Fed’s latest rate drop means for your mortgage, credit cards, retirement and more
When the Federal Reserve cuts its key interest rate, the decision begins to ripple outwards, affecting everyone from credit card holders to car buyers to corporations. Reset talks with a personal finance expert about what you need to know about the recent rate cut as well as tips for saving for retirement in today’s economy.
Mortgage rates keep going up despite interest rate drop
The average 30-year mortgage rate remains high despite the Federal Reserve again dropping its key interest rate.
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Today's Mortgage Refinance Rates by State – Nov. 12, 2024
We are therefore reporting today on Friday rate averages. The states with the cheapest 30-year mortgage refinance rates ...
3 Things You Must Do if You Plan to Refinance Your Mortgage Before the End of 2024
Planning to refinance your home loan this year? You don't have much time left. Read on for a list of essential moves to make.
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
30-Year Refinance Rates Ease Slightly Lower
Mortgage refi rates inched a bit lower Tuesday, coming down from their most expensive level in nearly three months. Rates ...
Will Lower Mortgage Rates Really Make Home Buying Easier?
Lower mortgage rates may help make home buying more affordable, but other factors like rising prices and loan qualifications ...
Should you refinance your home equity loan now that rates are cut? Experts weigh in
In the post-pandemic era, home equity loan rates and home equity line of credit (HELOC) rates rose as the Federal Reserve ...
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
Best Mortgage Refinance Lenders of 2024
Our experts reviewed countless refinance companies to come up with a list of the best mortgage refinance lenders. Check out ...