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Mortgage Rates Rise to Highest Since Aug.

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.

Fox Business · 2h

Today’s 30-year mortgage interest rates rise to 6.63%, while 15-year mortgage rates climb to 5.88%

The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 18, 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.

Wall Street Journal · 18h

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.

Boston.com · 1d

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 continue to climb despite cuts by Fed

Yahoo · 2h

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.

Investopedia · 11h

Mortgage Refinance Rates Hover Near 2-Week Highs

Mortgage refi rates have edged closer to their highest point in two weeks after hitting a 19-month low last month. Most other refi rates increased, as well.

Business Insider · 1d

Mortgage Rates Continue to Increase

The 30-year fixed-rate mortgage increased for the third consecutive week, moving closer to 6.5%,” said Sam Khater, Freddie Mac’s Chief Economist. “In general, higher rates reflect the strength in the economy that is supportive of the housing market.

European Central Bank cuts interest rates

Reuters · 17h

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 and what would be the first super-sized reduction in more than 15 years outside of the pandemic era.

The New York Times · 1d

Weak Economy Prompts European Central Bank to Cut Rates Again

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

The Associated Press on MSN · 1d

European Central Bank, seeing no signs of recession, cuts interest rates again

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the bloc to slide into recession as it cut borrowing costs once again Thursday in the wake of recent data showing inflation across the bloc falling to its lowest level in more than three years,

ECB cuts rates

The New York Times on MSN · 1d

ECB Cuts Interest Rates Again as Eurozone Inflation Slows

The European Central Bank cut interest rates on Thursday for the third time in about four months, as inflation in the eurozone has cooled faster than expected. Policymakers who set interest rates for the 20 countries that use the euro lowered their key rate by a quarter point,

MarketWatch · 1d

Euro and government bond yields steady as ECB cut matches expectations

The market expected the European Central Bank to cut rates by 25 basis points and so the moves after the event are meagre. The euro was barely changed beforehand and remains that way around $1.0862. The monetary-policy-sensitive German 2-year bond yield is barely changed at 2.

Reuters on MSN · 1d

ECB cuts rates as expected, says well on track to tame inflation

The European Central Bank cut interest rates for the third time this year on Thursday in a nod to sluggish economic growth, some softening in an otherwise rock-solid labour market and easing consumer price pressures.

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 ...

Fed's Bostic says he is in no rush to get rates down to neutral

Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation ...

6hon MSN

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.

13h

Money Market Rates Are Lower, Yes. But Compared to What?

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still ...

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 ...

12hon MSN

Prediction: 5-Year CD Rates Will Drop Below 3.25% in 2024

Consumer interest rates are coming down, but so are CD rates. Here's how much one writer predicts 5-year CD rates will drop ...

11h

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.

12h

Higher rates aren't slowing a corporate borrowing boom

Expect major U.S. companies to continuing borrowing at near record levels through next year despite the Federal Reserve's ...

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