Mortgage rates split over the past seven days, but one benchmark rate climbed higher. See how the Fed's interest rate hikes could affect your mortgage payments.

Topics:  fed   mortgage   interest   rates   higher   benchmark rate   
BING NEWS:
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    Any incoming economic data that beat markets' expectations, such as hotter inflation or lower unemployment, reduces the likelihood of cuts and will maintain upward pressure on mortgage rates, said ...
    11/26/2024 - 1:47 am | View Link
  • Mortgage rates rise for fifth straight week
    Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark ... Reserve interest rate decision, we can expect mortgage rates to remain ...
    10/31/2024 - 5:13 am | View Link
  • Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
    Additionally, although the Fed cut its benchmark interest ... The mortgage rate you got when you financed your home is another major factor. Refinance rates tend to be higher than purchase rates ...
    09/21/2023 - 8:05 am | View Link
  • How the Federal Reserve Affects Mortgage Rates
    The Fed's goal is to maintain an inflation rate of around 2%. Inflation has been above that for some time, which is why the Fed held interest rates on the high side. The idea is that higher ...
    02/1/2023 - 8:33 am | View Link
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