Mortgage Rates Tick Higher Across Most Loan Types
Rates on 30-year new purchase mortgages ticked up Thursday, increasing the average to 6.55%. The previous day's average marked the only sub-6.50% rate in the past two weeks. Most other new purchase mortgage rates also rose Thursday.
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Mortgage rate hits the highest level in months
The average rate on a 30-year mortgage in the United States rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44 percent from 6.32 percent last week, mortgage buyer Freddie Mac said Thursday.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
Fed's Bostic says he is in no rush to get rates down to neutral
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How much will a $75,000 HELOC cost per month now that rates are falling?
A $75,000 HELOC has inexpensive monthly payments now, and they could become even cheaper in the months to come.
Several banks are still paying close to 5% for your cash, one month after the Fed cut rates
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Prediction: 5-Year CD Rates Will Drop Below 3.25% in 2024
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Bank of Canada most likely to cut rates by 50 bps next week
The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row ...
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national ...
Auto insurance rates are soaring. Here’s what you can do about it.
The cost of insurance has increased by almost 38 percent since the beginning of 2022, more than double the overall rate of ...
Car insurance rates continue to rise, the cause behind it
Car insurance in Oklahoma has seen more than a 20% increase, resulting in drivers having to pay hundreds of more dollars.