Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for prospective homebuyers, it’s brought more frustration: Mortgage rates have actually risen in recent weeks. Statewide, the median home price jumped 6.2 percent, to $600,000, as sales fell 3.7 percent.
Mortgage Rates Rise to Highest Since Aug.
These are today's mortgage and refinance rates. Mortgage rates are down slightly this week but remain elevated compared to ...
What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but ...
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday.
These are today's mortgage and refinance rates. Mortgage rates have eased this week, but we might not see them drop ...
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national ...
Meanwhile, for the week ending June 12, the number of refinancing applications jumped 10 percent compared to the previous ...
Increased home sale activity will depend on millions of homeowners giving up their 3% rates, Fannie Mae economists say.
It's hard to afford a house these days, but the nation's homebuilders are getting more hopeful that lower mortgage rates will ...
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