Today's Mortgage Rates, Nov. 12, 2024 | Rates Drop Back Down

On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
Though the Fed was already set to cut rates at least once more before the end of 2024, the modest 0.25% rate cut targeting ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.