Today, the mortgage interest rate on a 30-year fixed mortgage is 6.18%, according to the Mortgage Research Center. On a ...
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, bonds improved after mortgage rates came out for the day. If the improvement ...
Every now and then, a Thursday comes along where we have to set the record straight on what is actually going on with mortgage rates. That's because Freddie Mac releases its weekly mortgage rate ...
It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest ...
After months of shifting economic signals, from cooling (but still elevated) inflation to a softer jobs market, the Federal Reserve issued another 25-basis-point rate cut at the close of its December ...