The average rate on 30-year fixed mortgages dropped for the second consecutive week, leading to a quick impact to mortgage and refinance applications.      

Topics:  mortgage   rate   impact   
BING NEWS:
  • Mortgage Rate Predictions for the End of 2024: What Comes Next?
    Although experts optimistically predicted rates would fall close to 6% by the end of 2024, projections have changed significantly. Fannie Mae now expects average 30-year fixed mortgage rates to hold ...
    12/21/2024 - 7:00 pm | View Link
  • The Fed is lowering interest rates. So why are mortgage rates going up?
    The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?
    12/19/2024 - 7:42 am | View Link
  • Mortgage rates again move opposite Fed's actions
    Over the past two weeks, the 10-year Treasury yield, priced on market expectations, increased over 40 basis points and that is finally being seen in the Freddie Mac survey.
    12/19/2024 - 5:19 am | View Link
  • Housing Market Predictions For 2025: When Will Home Prices Drop?
    “As we approach 2025, the recent Fed rate cut and the new administration could impact mortgage rates and market stability,” said Rob Barber, CEO at Attom. “While seasonal factors may slow ...
    12/19/2024 - 3:50 am | View Link
  • What the Fed's December rate cut means for mortgage interest rates
    The Federal Reserve implemented its third consecutive rate cut of 2024 today (December 18), reducing its benchmark federal funds rate by 25 basis points. This decision lowered the Fed's benchmark rate ...
    12/18/2024 - 6:16 am | View Link
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