Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
So, if you're planning to buy a home soon or are thinking about refinancing, you may be wondering how this new uptick in ...
Data used to calculate the median mortgage interest rates is based on rates from 300 mortgage purchase lenders and ...
In recent years, prospective homebuyers have watched mortgage interest rates rise steadily from the 2% to 3% range up ...
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
Long-term mortgage costs have risen since the Federal Reserve started cutting interest rates in September as the yield curve ...
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House ...
The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...
The Federal Reserve cut interest rates by a quarter-point on Thursday, even as mortgage rates have been rising since September.
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
To better understand the future direction of mortgage rates, we need to understand what factors influence them.